MSTR is printing overbought RSI readings above 71 while pressing against multi-week resistance at $172 — a flush to $161 support is the higher-probability near-term path before any sustained push t...
Strategy Inc. (formerly MicroStrategy) is at an inflection point. After a brutal first half that saw the stock shed close to 50% year-over-year, the past month has delivered a stunning 40%+ reversal — and the catalyst is exactly what you'd expect: Bitcoin. The company disclosed on September 21 that it acquired 950 BTC during the week of September 14–20, funded from existing cash, bringing total holdings to 846,000 BTC with a total cost basis of $63.80 billion, or roughly $75,416 per coin. Bitcoin has simultaneously surged above $85,000, flipping the company's massive unrealized loss — which sat near $13 billion when BTC traded below $60,000 in late June — into an estimated $9 billion unrealized gain. That's a $22 billion swing in the treasury value in less than three months. When Michael Saylor drops a cryptic post reading "a little more orange," the market listens. It always has.
But here's where it gets tricky for longs today. 16. The rally has been clean and legitimate, driven by real institutional buying. news . The next 48–72 hours will determine whether this is a genuine breakout or an exhaustion pop.
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