Bitcoin Price Risks Breakdown as Strategy Adds to Its Massive Bag
Just as bitcoin price shows signs of slipping toward five-digit territory again, legacy Bitcoin whale Strategy (formerly MicroStrategy) is buying the dip—hard. The Michael Saylor-backed firm announced a fresh 245 BTC buy worth approximately $26 million at an average price of $105,856 per coin.
This latest scoop brings Strategy’s total Bitcoin holdings to a staggering 592,345 BTC, accumulated for roughly $41.87 billion. That averages out to about $70,681 per coin—well below current market levels.
$100K in the Crosshairs—Again
The timing is bold. BTC is hanging by a thread around the $100,000 psychological support zone after a surprise Sunday dip triggered by geopolitical tensions between the U.S. and Iran. Analysts eyeing the 4-hour TradingView charts are spotting a potential bullish reversal—but warn that failure to hold above $100K could lead to a sharp leg down.
Despite the broader bearish mood, Strategy is doubling down. Saylor’s long-standing thesis? Bitcoin is digital gold—and short-term dips are simply opportunities for long-term stacking.
Quick Take:
Strategy is still buying, but BTC price is walking a tightrope. A bounce here could confirm support near $100K—but break below, and we could see fast acceleration to $95K or lower. As always with BTC, watch the macro headlines and Monday’s stock market open for the next big move.
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