MSTR stock advances as 13,927 Bitcoin purchase by STRC supports investor sentiment
Strategy Incorporated (MSTR, formerly MicroStrategy) is trading at $140.54, up 6.18% for the day. The current price sits above both the 20-day SMA ($132.16) and 50-day SMA ($132.71), but remains well below the 200-day SMA ($246.93), marking a renewed short- and medium-term bullish momentum, though long-term trends are still bearish.
Highlights
- Strategy acquired 13,927 Bitcoin for $1 billion using non-dilutive Series A perpetual preferred shares, significantly expanding its crypto holdings.
- The company now holds 780,897 BTC at a $59.02 billion cost, while reporting $14.46 billion in unrealized digital asset losses for Q1 2026.
- Technical signals show short-term bullish momentum fading, with overbought conditions and a projected $139.87–$145.66 trading range signaling likely pullback or sideways action.
Bitcoin accumulation grows as financing leverages STRC issuance
On April 13, 2026, Strategy announced the acquisition of 13,927 Bitcoin for approximately $1 billion, fully financed by issuing Series A perpetual Stretch preferred shares (STRC) without diluting common shareholders. This brought the company's total Bitcoin holdings to 780,897 BTC at a cumulative cost of $59.02 billion, with SEC filings noting it as the first Bitcoin buy funded solely by STRC proceeds. The company also reported $14.46 billion in unrealized losses on its digital asset holdings for the first quarter of 2026 and disclosed $21.6 billion in available STRC issuance capacity and $27.1 billion under its Class A common stock program.
Buyer momentum diverges from mixed technical signals and overbought risk
The current price of $140.54 is above both the 20-day SMA ($132.16) and 50-day SMA ($132.71), but remains well below the 200-day SMA ($246.93). This setup signals renewed short- and medium-term bullish momentum, while the longer-term trend still faces bearish pressure. The Ichimoku Kijun sits at $134.68, serving as immediate support below the current price. Momentum readings are mixed: the D1 MACD signals strong selling pressure while the ADX indicates a weak trend at 11.12. Oscillators show divergence — RSI is neutral-to-bullish at 50.50 but both Stoch RSI (100.00) and BBP (3.27) warn of overbought conditions and active buyer dominance. CCI is neutral, and the AO gives no trend confirmation. Today’s price opened with a gap up from $132.36 to $137.97 and has climbed 6.18%, with the current price near the session’s high in a volatile trading range. Intraday tone shows buyers pressing the advance, though momentum indicators and overbought signals diverge, suggesting a risk of short-term exhaustion.
Downside risk rises as bullish signals remain absent in outlook
For the coming week, the expected range is $139.87 – $145.66, which keeps price moves within a typical volatility band relative to current levels. The probability of further price increases is very low (less than 20%) based on the absence of bullish signals from weekly RSI, ADX, MACD, and moving averages, so declines are more likely. The baseline scenario sees continued sideways trading near current levels. A decisive breakout above $145.66 may trigger a short-term rally, while a break below $139.87 could open the way to downside momentum, reflecting prevailing medium- and long-term pressures.
Previously it was reported that Strategy significantly expanded its Bitcoin holdings through a $1 billion acquisition fully financed by issuing STRC preferred shares. With current momentum signals diverging and active buyer dominance pushing the price near the session’s high, traders should monitor for a potential breakout above $145.66, which could shift the prevailing sideways scenario and ignite short-term upside risk.
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