The tweet was deleted by the author.
But we saved everything 🙂.
Strategy (MSTR, formerly MicroStrategy) is trading at $159.26, up $0.70 or 0.44% on the day, having opened higher at $162.84 and currently stabilizing mid-range between today's low and high. The price remains above key moving averages, underscoring a bullish technical posture, with the latest upside linked to momentum in both company news and Michael Saylor's commentary on improved credit metrics further supporting sentiment.
Michael Saylor highlighted on social media that STRC's BTC Credit spread has tightened to 49 bps, with credit assumptions based on a $84,006 Bitcoin price, which reflects enhanced financial positioning and potentially attracts more investor confidence toward Strategy's digital asset-based capital structure. This matters as it signals improved liquidity and risk management, which could strengthen the asset's fundamental appeal. The market appears to have embraced this constructive message, as confirmed by the recent positive price movement and news of the company increasing its Bitcoin holdings and proposing daily preferred dividend payouts.
View post on X Loading...
The current price of $159.26 is above its MA-20 ($141.08), MA-50 ($117.67), and MA-200 ($136.54), confirming a strong bullish trend across all timeframes. Immediate support is at $153.00, with resistance near $164.00. The MACD remains bullish while RSI signals moderately overbought conditions. For the next five days, price action is expected between $153.00 and $164.00, with the supportive tweet from Saylor aligning with a constructive technical outlook.
Previously it was reported that Strategy increased its Bitcoin holdings through the acquisition of additional BTC funded in part by the sale of MSTR shares, and proposed changes to its preferred stock dividend payments. Any shifts in the company's capital allocation or further updates on its acquisition strategy could play a significant role in determining key support and resistance levels for MSTR in the near term.