MicroStrategy: Sells 1690 BTC at $64262 Loss
MicroStrategy sold 1690 BTC for $108M at $64262 while Bitmine bought 7391 ETH; current BTC at $64672.91 with EMA50 support at $64573.
SourceAnalysis
MicroStrategy sold another 1690 BTC at roughly $64262 last week, booking an $18.8M loss and lifting cash reserves to $4.65B while Bitmine added 7391 ETH at $1888.
Strategy now holds 840447 BTC valued at $54.742B against a $75385 cost basis, showing a 13.6% unrealized loss; BitMNR owns 5805238 ETH worth $11.152B after a 43% drawdown from its $3369 average.
Bitcoin price action on the 4h chart sits at $64672.91 inside a bullish EMA structure with the 50-period line at $64573.11 acting as immediate support and the 200-period line at $63779.8 providing deeper defense, yet the MACD death cross at 150.26 signals fading momentum while price tests the lower Bollinger band near $64708.67, pointing to a likely consolidation before any sustained move toward the $65272.09 upper band.
余烬
@EmberCNAnalyst about On-chain Analysis