+3.39% for MSTR stock as Bitcoin acquisition using STRC proceeds lifts shares
Strategy Incorporated (MSTR, formerly MicroStrategy) is trading at $142.07, up 3.39% on the day. The price is well above the SMA-20 ($131.66) and SMA-50 ($132.46), reflecting a bullish short- to medium-term bias, while it remains far below the longer-term SMA-200 ($245.68), indicating an overall bearish longer-term backdrop.
Highlights
- Strategy acquired 13,927 BTC for approximately $1 billion, expanding total Bitcoin holdings to 780,897 BTC valued at $59 billion.
- Stretch preferred stock (STRC) trading volume surpassed $1.1 billion, providing liquidity for further Bitcoin purchases ahead of Q1 2026 earnings.
- Technical signals show short-term bullish momentum with high volatility, but daily indicators diverge and most expect consolidation between $139.50 and $145.20.
Bitcoin reserve expansion accelerates as preferred stock sale funds acquisitions
Strategy completed a significant Bitcoin acquisition between April 6 and April 12, 2026, purchasing 13,927 BTC for approximately $1 billion at an average price of $71,902 per coin, utilizing proceeds from sales of its Stretch preferred stock (STRC). As a result, the company’s total Bitcoin holdings increased to 780,897 BTC, reported at a reserve value of $59 billion. STRC trading volume reached a new record above $1.1 billion, unlocking further capital for potential Bitcoin acquisitions and supporting heightened activity around the announcement of the company’s first quarter 2026 earnings date.
Mixed intraday momentum as MSTR tests resistance on high volatility
Momentum indicators are mixed for MSTR: the MACD signals strong downward pressure while the ADX is low, pointing to weak overall trend strength. RSI is positive at 54.87, whereas both Stoch RSI and Bull/Bear Power highlight an overbought environment and strong buyer dominance in intraday trading; CCI shows a buy signal and the Awesome Oscillator is neutral. The Ichimoku Kijun on the D1 chart stands at $134.68, currently acting as immediate support. Today’s session opened with a mild gap up from $137.41 to $139.85, with MSTR now testing the upper end of the $137.17 – $141.16 intraday range amid high volatility and divided daily momentum signals.
Sideways range expected as breakout probability remains muted
In the short term, MSTR is expected to consolidate within a volatility band of $139.50 to $145.20 over the next five trading days. The probability of an upside breakout above $145.20 is low (less than 20%), and the baseline scenario favors continued sideways movement. A decisive push above $145.20 would trigger fresh bullish momentum, while a drop below $139.50 could lead to renewed selling pressure and open the way to lower support levels.
Earlier, analysts noted that Strategy’s momentum signals were diverging, reflecting buyer dominance in the short term but persistent weakness in the broader trend. With fresh record activity in STRC trading and Bitcoin accumulation now contributing to elevated volatility, monitoring price action at the $145.20 level is crucial, as a breakout could redefine near-term direction for the stock.
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