MicroStrategy: Sells 32 BTC for $2.5M
MicroStrategy sold 32 BTC for $2.5M while raising $128.3M in shares, now holding 843,706 BTC at $75,699 average cost amid MicroStrategy Bitcoin treasury strategy shifts.
SourceAnalysis
MicroStrategy executed its first-ever BTC sale last week, offloading 32 coins for $2.5M while securing $128.3M through share issuance, leaving the firm with 843,706 BTC at a $75,699 average cost basis.
With price testing upper Bollinger resistance at $74556.52 while RSI flashes oversold at 28.13, a healthy retracement to the 50-EMA support at $74532.16 seems probable before further continuation as the bearish MACD death cross at -484.44 reinforces downside pressure toward lower support at $72539.11, shaping near-term BTC price prediction models and highlighting risks in any potential crypto market crash scenario tied to institutional moves.
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