Strategy Buys 4,603 Bitcoin for $370 Million
Michael Saylor’s Strategy acquired 4,603 BTC for $370 million at an average price of $80,318 per Bitcoin, marking its first Bitcoin purchase in more than two months.
The acquisition brings Strategy’s total holdings to 845,050 BTC, purchased for about $63.3 billion at an average cost of $75,413 per BTC.
The purchase was funded primarily through a $602 million sale of MSTR common stock. Strategy also allocated $30 million to its cash reserves and $151.8...
Everyone is fading this bounce, but the tape just whispered something they ignored.
$BTC /USDT - 🔴 LONG · Conf 37%
⚠️ Counter-trend setup — against the higher-timeframe trend (confirmed by 0 signals only). Higher risk, size down and respect the SL.
Trade Plan:
Entry: 78376.91 – 78471.29
SL: 77129.38
TP1: 79395.14
TP2: 80042.50
TP3: 81013.55
Why this setup?
- $BTC is sitting at 78,424, with a long bias that scores only 37 — this is not a screaming trend trade.
- The 1D range is king, and th...