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Cryptocurrency News Articles

MicroStrategy (Formerly ) Doubles Down on BTC After a Performance in Q1 2025

Apr 16, 2025 at 10:45 am

Bitcoin price consolidates above $83,500 on Tuesday as MicroStrategy doubles down on BTC after a lull performance in Q1 2025. With   institutional confidence as analysts forecast a parabolic BTC rally toward $90,000.

MicroStrategy (Nasdaq: MSTR) continues to prioritize Bitcoin over short-term earnings, with the firm announcing another substantial purchase of BTC on Monday.

This time, MicroStrategy bought 3,459 bitcoins for an approximate price of $285.5 million. The latest purchase brings the firm’s total BTC holdings above 531,664 at press time, valued at a whopping $44 billion.

This move comes despite the firm reporting a staggering net loss of $6 billion in Q1 2025, largely attributed to a $5.9 billion impairment charge on its digital assets.

However, despite the short-term losses in Q1, MicroStrategy is still reporting $8.4 billion gains on its total holdings, reflecting a 24% profit.

The latest buy also follows a previous purchase of 1,000 BTC last week at an average price of $79,460, bringing the firm’s BTC holdings to 498,105 at the time.

This aggressive accumulation comes at a pivotal moment for Bitcoin, which is currently consolidating near the $83,000 mark following a high of nearly $85,000 when hawkish US CPI reports sparked a brief buying frenzy last week.

As seen in the chart above, BTC is trading close to the mid-Bollinger Band, which is often a key level for intermediate-term support and resistance. A move above this band could signal further strength in the market.

The Bollinger Bands have also begun to constrict slightly, which could indicate a period of lower volatility and a potential breakout from the current trading range.

On the MACD, the blue signal line has crossed decisively above the orange baseline, and histogram bars remain positive and growing. This bullish crossover and growing momentum suggest upward acceleration.

Should bulls clear the $85,000 level convincingly, Bitcoin could surge to test the upper band resistance at $87,142.

Conversely, a close below the mid-Bollinger Band could reintroduce bearish momentum, exposing BTC to the lower band support at $77,867. However, the current structure leans bullish with momentum favoring higher highs.output: MicroStrategy (Nasdaq:MSTR) is doubling down on its Bitcoin strategy as the firm announced another purchase of 3,459 BTC on Monday.

This brings MicroStrategy’s total BTC holdings to over 531,664 at press time, valued at more than $44 billion.

The latest buy follows a previous purchase of 1,000 BTC last week at an average price of $79,460, bringing the firm’s BTC holdings to 498,105 at the time.

The firm also reported a staggering net loss of $6 billion in Q1 2025, largely attributed to a $5.9 billion impairment charge on its digital assets. However, despite the short-term losses in Q1, MicroStrategy is still reporting $8.4 billion gains on its total holdings, reflecting 24% profit.

According to data from SaylorTracker, the firm spent $7.6 billion on BTC purchases since the start of the year, with unrealized loss reaching $6 billion as BTC price plunged below $80,000 last week, pressured by US trade war.

This action comes as Bitcoin hovers above a key support level and is poised for a parabolic rally toward $90,000, according to institutional confidence and technical analysis.

Bitcoin Price Forecast: BTC Eyes $87,000 as MACD Momentum Turns Positive

Bitcoin price forecast suggests bullish continuation toward $87,000 after reclaiming short-term control above the mid-Bollinger Band ($82,505). BTC is trading near $83,855, finding support above this midline, signaling increasing upward pressure. The Bollinger Bands have slightly constricted, indicating a potential breakout.

BTC price hovering above the median line of the bands implies bullish dominance in the short term, especially with the upper band around $87,142 acting as the next major resistance.

On the MACD, the blue signal line has crossed decisively above the orange baseline, and histogram bars remain positive and rising. This bullish crossover and growing momentum suggest upward acceleration. Should bulls clear $85,000 convincingly, Bitcoin could surge to test the $87,000 resistance.

Conversely, a close below the $82,500 level could reintroduce bearish momentum, exposing BTC to the lower band support at $77,867. However, the current structure leans bullish with momentum favoring higher highs.

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