MicroStrategy Buys $285M BTC—Still Down $6B

Despite losing nearly $6 billion in Q1 2025, Strategy isn’t backing down from its Bitcoin bet. The company just bought 3,459 BTC...

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Despite losing nearly $6 billion in Q1 2025, Strategy isn’t backing down from its Bitcoin bet.

The company just bought 3,459 BTC for $285.5 million, bringing its total to 531,664 BTC.

This latest buy is a testament to Executive Chairman Michael Saylor’s unwavering commitment to Bitcoin as a core treasury asset. According to SaylorTracker, Strategy has spent roughly $7.6 billion on Bitcoin in 2025 so far.

When BTC dipped below $80,000 last week due to U.S.–China trade tensions, Strategy’s holdings went into the red. But the price has since bounced back and Strategy is back in the green. At current prices, the company’s stash is worth about $44 billion, up $8.4 billion or 24% from its value.

Bitcoin Holds Firm Above $83.8K

Bitcoin (BTC) is settling after last week’s wild ride, currently trading at $83,855. The move higher followed hotter-than-expected U.S. CPI data and is bullish across crypto.

On the charts, BTC is right above the mid-Bollinger Band at $82,505. This is usually a sign of consolidation before the next leg up. Resistance is near $87,142, the upper band, and $77,867 is the key support below.

Bitcoin Price Chart - Source: Tradingview
Bitcoin Price Chart – Source: Tradingview

BTC Levels to Watch:

  • Current Price: $83,855

  • Mid-Bollinger Band Support: $82,505

  • Resistance: $87,142

  • Support: $77,867

Bitcoin Technicals Point to Bullish Breakout

Momentum indicators are looking up. On the MACD, the signal line has crossed above the baseline and bullish histogram bars are building—usually a sign of price going up.

If BTC closes above $85,000 with conviction, $87,000 is likely. But if it drops below $82,500, it could be weakness and a retest of $77,867.

Overall, the setup is bullish. With institutions like Strategy buying even in volatility, Bitcoin’s long-term story is getting stronger.

ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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