What triggered Strategy shares' latest price pullback

Traders Union
All News
Financial News
Strategy slides 2.66% today to $134.52

Highlights

Strategy launched at-the-market offerings targeting up to $44.1 billion in equity and preferred stock to accelerate Bitcoin purchases.
The company acquired 1,031 additional Bitcoin for $76.5 million, increasing holdings to 762,099 BTC at an average cost of $75,694 per coin.
Shares remain under broad selling pressure, trading below key moving averages, with an expected 5-day range of $133.31 to $138.95 and a likely downside bias.

Fundraising and Bitcoin adds fail to lift sentiment

Strategy recently launched new at-the-market equity offerings to raise up to $21 billion in Class A common stock, $21 billion in Variable Rate Series A Perpetual Stretch Preferred Stock, and $2.1 billion in Series A Perpetual Strike Preferred Stock, with the potential to fund further Bitcoin acquisitions. The company acquired 1,031 additional Bitcoin for approximately $76.5 million, bringing its total holdings to 762,099 BTC as of late March 2026, at an average cost of about $75,694 per coin. These initiatives expand fundraising capabilities and were intended to support accelerated Bitcoin accumulation goals, though price action has remained under broader selling pressure.

Anton Kharitonov, expert at Traders Union, sees sustained bearish pressure on Strategy Inc. Shares remain below all major moving averages, with the 200-day especially far above current levels. He points to the company's aggressive equity issuance and heavy Bitcoin accumulation as heightening downside risk given the weak market tone. Technical signals are conflicted and do not confirm a turning point. "As long as both momentum and sentiment stay negative, I expect sellers to dominate and the stock to drift lower," Kharitonov warns.

Viktoras Karapetjanc, expert at Traders Union, highlights the strategic opportunity in Strategy Inc.'s continued capital raising and Bitcoin expansion. He emphasizes that enhanced fundraising capacity reflects management's ambitious outlook and market confidence in the crypto accumulation strategy. Karapetjanc sees the current setback as temporary, as the broader Bitcoin trend and aggressive purchasing could support future upside. "Once the price breaks above $138.95, I expect the bullish structure to reassert itself and further growth to follow," he says.

Technical signals mixed as weak momentum clashes with oversold

Strategy is trading below its 20-day moving average ($137.82), 50-day ($142.62), and well below the 200-day ($264.49), which signals ongoing seller pressure across all timeframes. The nearest dynamic support and resistance levels are set by the Ichimoku Kijun around $135.34 and the 50-day moving average at $142.62.

Momentum remains weak with the Moving Average Convergence Divergence (MACD) on D1 showing a mild buy signal but the Average Directional Index (ADX) at low levels (13.56) reflecting a lack of trend strength. The Relative Strength Index (RSI) points to selling pressure (49.18), and the Stochastic RSI is in oversold territory (18.32), while Commodity Channel Index (CCI) reads near neutral. Bull/Bear Power (BBP) indicates buyers maintain a slight edge intraday (0.62), yet it is flagged as overbought, highlighting the risk of reversal. The stock is down 2.66% on the session, trading near daily lows after opening with a small upside gap of $0.12, and intraday volatility stands at 3.62%. Intraday tone is pressured after the open and oscillators deliver mixed signals, indicating a divergence between momentum and oversold readings.

Previously it was reported that Strategy's aggressive capital raising and ongoing Bitcoin accumulation strategy were being met with mixed technical momentum and continued price pressure. The current outlook not only confirms sustained weakness but also highlights elevated downside probability, making a decisive move below $133.31 a crucial risk for traders to monitor in the coming sessions.

Source of Data: MSTR Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.