Crypto Scenario Insights
What happened
MicroStrategy acquired 520 BTC for $35M, a notable slowdown from previous weeks, while raising $335.5M via share sales to bolster its USD reserve to $1.4B.
What we think
The most likely outcome over the next 30 days is neutral consolidation (60% probability) for BTC around the $65,482 level, as MicroStrategy's reduced purchase size ($35M) and $9.8B underwater position signal a shift from…
Read the analysis
MicroStrategy expands USD reserves to $1.4B while slowing BTC buys — structural hedge or shift in momentum?
We explain what happened and what could follow. We do not forecast prices.