MicroStrategy boosts Bitcoin holdings with a $1.34B buy at nearly $100K per BTC, signaling unwavering institutional confidence.
Pre-news Bitcoin price action hints at potential insider-informed trades as dips were bought quickly ahead of the announcement.
Bitcoin consolidates near $105K with high volatility and volume spikes as MicroStrategy doubles capital plan to fuel further buys.
MicroStrategy has announced another massive Bitcoin purchase, adding 13,390 BTC to its reserves for $1.34 billion. The average purchase price was $99,856 per coin. This development brings the company's total Bitcoin holdings to 568,840 BTC, valued at $39.41 billion. Its average purchase price now stands at $69,287.
MicroStrategy remains the largest public holder of Bitcoin, far ahead of competitors like MARA Holdings. The purchase closely follows a previous acquisition of 1,895 BTC just a week ago. It is also the company’s second-largest Bitcoin investment in 2025, with the largest being 22,048 BTC bought in March.
BTC Price Action Hints at Pre-Announcement Moves
Besides the bullish news, Bitcoin price behavior suggested an impending announcement even before the press release. According to market analyst Daan Crypto Trades, small dips were instantly bought up, and Bitcoin began moving an hour before the news. This pattern aligns with recent occurrences where key price movements preceded major news. Such insider-informed trades continue to raise concerns about fairness in crypto markets. Hence, traders should remain cautious during similar pre-news activity.
Source: Daan Crypto Trades
Moreover, Bitcoin currently trades at $105,084, reflecting a minor 0.31% pullback. Despite this, market participants remain highly active. Candlestick patterns show rapid transitions between buying and selling pressure, often within tight ranges. Intermittent volume spikes have also supported sharp price swings, confirming increased market interest.
Price Consolidation Amid High Volatility
Consequently, Bitcoin’s price action shows a mix of consolidation zones and vertical price movements. These fluctuations highlight market uncertainty and speculative momentum. Additionally, technical charts reveal complex short-term trends, marked by alternating bullish and bearish sessions. Market depth at the $105,084 level continues to attract strong buy and sell interest.
Furthermore, MicroStrategy’s decision to double its capital plan from $42 billion to $84 billion adds fuel to the bullish narrative. The company is likely to continue its aggressive Bitcoin buying strategy in the coming weeks. This ongoing institutional support provides a strong foundation for Bitcoin’s medium-term outlook.
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