The post MicroStrategy Reaches 720.737 BTC: Details appeared on BitcoinEthereumNews.com. MicroStrategy, the world’s largest publicly traded Bitcoin holder, completedThe post MicroStrategy Reaches 720.737 BTC: Details appeared on BitcoinEthereumNews.com. MicroStrategy, the world’s largest publicly traded Bitcoin holder, completed

MicroStrategy Reaches 720.737 BTC: Details

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MicroStrategy, the world’s largest publicly traded Bitcoin holder, completed its 101st Bitcoin purchase, raising its total holdings to 720.737 BTC. The company announced in a filing with the U.S. Securities and Exchange Commission (SEC) last week that it purchased 3.015 BTC for 204.1 million dollars. The average price of this purchase was 67.700 dollars, while the company’s overall average purchase cost remained below 75.985 dollars. The total amount paid for the BTC holdings is recorded at approximately 54.8 billion dollars.

Source: SEC

MicroStrategy BTC Purchase Strategy and Market Impact

According to SaylorTracker data, this purchase is one of the rare buys made below the company’s average cost. MicroStrategy (MSTR) shares rose from 125 dollars to 130 dollars last week, while Bitcoin price climbed from 65.000 dollars to 69.000 dollars, currently at 65.647 dollars. The company also increased the STRC preferred stock dividend to 11.50% for March 2026; the proceeds can be used for corporate purposes including Bitcoin purchases. This move strengthens institutional BTC demand. For more information, check the BTC detailed analysis.

Source: SaylorTracker

BTC Technical Analysis: Critical Support and Resistance Levels

  • Price: 65.647 USD (24h Change: -1.92%)
  • Trend: Bearish (RSI: 38.97, Supertrend: Bearish, EMA20: 68.158 USD)
  • Supports:
    • S1: 64.254 USD (Strong, 77% score, -2.12% distance)
    • S2: 60.000 USD (Strong, 69% score, -8.60% distance)
  • Resistances:
    • R1: 66.701 USD (Strong, 70% score, +1.60% distance)
    • R2: 68.918 USD (Strong, 69% score, +4.98% distance)

Visit the BTC futures page for detailed charts.

BTC Movement After US-Iran Crisis

After the US-Iran crisis, Bitcoin rose 0.7% at the opening of the US Futures Market. This geopolitical tension highlights BTC as a safe haven and supports MicroStrategy’s purchases.

Frequently Asked Questions About MicroStrategy BTC Purchases

What is MicroStrategy’s total BTC holdings?
720.737 BTC, average cost below 75.985 USD.

What was the price of the latest purchase?
67.700 USD average, total 204.1 million dollars.

What is the BTC trend direction?
Currently bearish, but strong supports exist.

Senior Technical Analyst: James Mitchell

6 years of crypto market analysis

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/microstrategy-reaches-720737-btc-details

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