Strategy's $1.25B Bitcoin purchase anchors sentiment near $90K

Beincrypto reports Strategy (formerly MicroStrategy) disclosed on Monday that it spent $1.25 billion to buy 13,627 BTC at about $91,500 each, raising its Bitcoin holdings to 687,410 BTC.

Seven purchases since December cluster between $88,210 and $92,098 per coin, creating a price band traders view as psychological support around $90,000. After the announcement the company's shares were broadly flat and, at the time of writing, MSTR was trading around $162.

The report said a decisive break below that band could compress MSTR's valuation premium, raise dilution risk, and widen share-price swings. It also noted that a sustained move below the range would not automatically force Strategy to sell holdings but could shift the market narrative.

Investors will likely watch whether Strategy continues buying in this range; if the premium narrows, future capital raises may become less attractive to existing shareholders and the market may reassess the pace of the company's buying program.

Key Topics

Crypto, Strategy, Bitcoin, Mstr, Investor Sentiment, Valuation Premium