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#MicroStrategyAcquiresBTC
MicroStrategy (NASDAQ:MSTR) just went all inagain. The Bitcoin (BTC-USD) powerhouse is raising another $250 million through a new preferred stock offering, using the cash to fuel its ever-growing BTC stash. The latest move comes on the heels of a $1.1 billion Bitcoin buy, pushing its total holdings to a jaw-dropping 471,107 BTC, now worth over $48 billion. With an average purchase price of $64,524 per coin, some of its recent buys are sitting at a loss. But MicroStrategy isn't blinking. It's doubling down, selling 2.5 million shares of its new Series A Perpetual Strike Preferred Stock, which pays dividends in cash, stock, or both.
MicroStrategy (NASDAQ:MSTR) just went all inagain. The Bitcoin (BTC-USD) powerhouse is raising another $250 million through a new preferred stock offering, using the cash to fuel its ever-growing BTC stash. The latest move comes on the heels of a $1.1 billion Bitcoin buy, pushing its total holdings to a jaw-dropping 471,107 BTC, now worth over $48 billion. With an average purchase price of $64,524 per coin, some of its recent buys are sitting at a loss. But MicroStrategy isn't blinking. It's doubling down, selling 2.5 million shares of its new Series A Perpetual Strike Preferred Stock, which pays dividends in cash, stock, or both.
#MicroStrategyAcquiresBTC Battling Resistance at $107K Amid Market Volatility🧐🧐
$BTC
BTC
104,083.39
+1.89%
BTCUSDT
Perp
104,123.2
+1.87%
Hello, trader.
Bitcoin is currently trading around $101,856, attempting to reclaim the $102,219 – $107,032 consolidation zone. However, repeated rejections suggest strong resistance. A breakout above $107,032 could drive the price toward $110,150, while failure to hold above $102,219 may lead to a drop toward the $99,537 – $97,489 support zone.
Recent developments, including President Trump’s pro-crypto stance and MicroStrategy’s $1.1 billion BTC purchase, have fueled market volatility. The SEC’s softened regulatory approach has also boosted institutional confidence. However, concerns over MicroStrategy’s debt strategy led to brief selling pressure, with Bitcoin dipping below $100,000 before rebounding.
At this pivotal moment, Bitcoin’s next move depends on whether it can decisively break $107,032 or face renewed selling pressure toward lower supports. The coming sessions will determine its short-term trajectory
#AnimecoinOnBinance #BinanceAlphaAlert #MicroStrategyAcquiresBTC #TrumpCryptoOrder
$BTC
BTC
104,083.39
+1.89%
BTCUSDT
Perp
104,123.2
+1.87%
Hello, trader.
Bitcoin is currently trading around $101,856, attempting to reclaim the $102,219 – $107,032 consolidation zone. However, repeated rejections suggest strong resistance. A breakout above $107,032 could drive the price toward $110,150, while failure to hold above $102,219 may lead to a drop toward the $99,537 – $97,489 support zone.
Recent developments, including President Trump’s pro-crypto stance and MicroStrategy’s $1.1 billion BTC purchase, have fueled market volatility. The SEC’s softened regulatory approach has also boosted institutional confidence. However, concerns over MicroStrategy’s debt strategy led to brief selling pressure, with Bitcoin dipping below $100,000 before rebounding.
At this pivotal moment, Bitcoin’s next move depends on whether it can decisively break $107,032 or face renewed selling pressure toward lower supports. The coming sessions will determine its short-term trajectory
#AnimecoinOnBinance #BinanceAlphaAlert #MicroStrategyAcquiresBTC #TrumpCryptoOrder
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