MicroStrategy's recent Bitcoin purchase and holdings details are quite impressive. Here's a breakdown: - Recent Purchase: They bought 1,895 Bitcoins for approximately $180.3 million, with an average price of around $95,167 per Bitcoin. - Current Holdings: As of May 4, 2025, MicroStrategy owns a total of 555,450 Bitcoins, acquired at an average price of about $68,550 each, with a total cost of around $38.08 billion. - Return on Investment: Their Bitcoin investment has earned a 14% return so far in 2025.
Some notable points about MicroStrategy's Bitcoin strategy: - Business Model: MicroStrategy is a business intelligence company that has shifted its focus to Bitcoin investments, making it the largest corporate holder of Bitcoin. - Financing Strategy: They use convertible notes and preferred stock to fund their Bitcoin purchases, allowing them to leverage their investments. - Risk and Reward: This strategy amplifies potential returns but also increases risks if Bitcoin prices fall.
It's worth noting that MicroStrategy's Bitcoin holdings have grown significantly over time, with recent purchases adding to their stash. In April 2025, they acquired 6,556 Bitcoins for $555.8 million, and in December 2024, they bought 15,350 Bitcoins for $1.5 billion at an average price of $100,386 per Bitcoin. $BTC #MicroStrategy
Bitcoin Local Analysis - Trend Break: Bitcoin broke down from its local trend, creating a gap at $97,300. - Potential Correction: This could lead to a correction towards $92,000-$90,000. - Open Gap: There's an open gap at $92,000, which might be filled in the next two days. - Liquidity Zone: The $100,000 liquidity zone remains untouched. - Market Sentiment: Funding rates are negative, indicating more shorts in the market.
Possible Scenario 1. Short-term Move: Expect a potential drop to $92,000-$90,000. 2. Rebound: After filling the gap, Bitcoin might rebound towards $97,300.
Keep in mind that market predictions are subject to change and might not always be accurate.
BREAKING: The US SEC is reportedly dropping all crypto-related lawsuits, including the high-profile case against Ripple, potentially paving the way for clearer digital asset regulations.
However, according to recent court documents, the SEC's case against Ripple is ongoing, with the SEC filing an appeal brief on January 15, 2025. The outcome of this case could provide crucial guidance on how federal securities laws apply to digital assets.
Technical Analysis of #CHZ -Breakout Analysis: #CHZ collected volume from the resistance zone and initiated a turn. - Fibonacci Correction: A correction to the 0.618 Fibonacci level has already occurred. - Expectation: I anticipate further correction to the area of interest.
Key Points 1. Resistance Zone: Volume accumulation near resistance suggests potential for a move. 2. Fibonacci Level: Correction to 0.618 level indicates possible continuation. 3. Area of Interest: Expecting further movement towards this zone. $CHZ