Strategy: Buys 1,587 BTC for $100M
Strategy acquires 1,587 BTC for $100M, now holding 846,842 BTC at $75,656 average with $9.5B unrealized loss.
SourceAnalysis
Strategy (prev. MicroStrategy) has bought an additional 1,587 BTC for $100M. They now hold 846,842 BTC, acquired for a total of ~$64.07B at an average price of $75,656 per Bitcoin. Strategy is losing over $9.5B on their BTC holding.
With BTC at $66255.69 testing upper Bollinger resistance at $66365.72 while RSI(14) sits at 69.27, a healthy retracement to the 50-EMA support at $64252.11 seems probable before further continuation. This latest purchase extends the MicroStrategy Bitcoin acquisition history and shapes near-term BTC price prediction amid broader crypto market crash concerns.
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