MSTR: $120M Bond Arbitrage, 843738 BTC Held

Strategy (MSTR) skipped fresh BTC purchases last week yet locked in $120 million by repurchasing $1.5 billion convertible notes at an 8% discount, bringing total holdings to 843738 BTC valued at $65.036 billion against a $75540 average cost and $1.162 billion unrealized gain.

BitMNR (BMNR) acquired 111942 ETH near $2100 for $235 million, expanding its stack to 5390404 ETH now worth $11.422 billion at a $3492 basis and carrying a $7.401 billion unrealized loss.

Price action on the 4h chart shows BTC at $77083.2 inside the Bollinger Bands with upper resistance at $78205 and lower support at $75410.53; the EMA50 at $77223.53 and EMA200 at $77336.05 act as immediate overhead resistance while the MACD golden cross at 69.91 signals building bullish momentum against a neutral RSI of 51.32, suggesting any push toward the upper band will likely meet selling that funnels price back toward the 50-EMA confluence before the next directional move.