Strategy (MSTR) announced an addition of 1,229 Bitcoin (BTC) to its crypto reserve on Monday, flaunting a 23.2% Year-To-Date (YTD) yield and a total holding of 672,497 BTC.
The ‘Orange dots’ are beginning to take a toll on Michael Saylor’s brain-child and the world’s biggest corporate holder of Bitcoin. Strategy (previously MicroStrategy), is down 46% for the year, signalling its first annual loss in three years, hitting $155.
Meanwhile, Bitcoin price within a two-week trading range fell below $90K to $87,600 at the time of going to press. Notably, BTC faces a 6.0% annual loss as it snaps a two-year winning streak with modest losses.
With the downbeat Strategy stock price, its market capitalization (market cap) hovers around a two-month low of $48.3 billion, keeping the pullback from the all-time high marked in July. Notably, market capitalization or market cap is the total value of an asset, derived by multiplying the total available quantity for trading/investment by the market price. Market cap highlights the underlying asset’s size, stability, and market value, giving an overview of the asset.
Meanwhile, trading volume and market capitalization surrounding Bitcoin portray a sluggish momentum among the crypto traders. According to Santiment, Bitcoin’s daily trading volume retreats from a 12-day high to $37.87 billion, while the market cap ticks up to $1.74 trillion at the latest, staying within a week-long range.
Strategy’s Bitcoin Accumulation Details
Strategy’s latest 1,229 BTC buying, at the average price of $88,568 per coin, fueled MSTR’s total Bitcoin holdings to 672,497 BTC, with an average buying price of $74,997 per coin.
The Nasdaq-listed firm became aggressive in its Bitcoin accumulation after the U.S. elections, as its holdings during late 2024 were reported to be around 250K, compared to over 670K at the latest.
Notably, Strategy’s latest BTC purchase was funded by the sale of $108.8 million worth of Class A MSTR shares.
Meanwhile, Strategy announced that it raised $750 million during mid-December via selling 4.5 million shares of common MSTR stock. The world’s biggest corporate holder of BTC, however, didn’t use the receipts for accumulating its Bitcoin (BTC) Treasury reserve then, suggesting preparations for a downbeat crypto price and attracting sellers.
On the same line, Strategy has sold nearly 23 million shares in the fourth quarter (Q4) of 2025 and raised around $4.1 billion. The firm’s action increased its public holding of shares by 8.0% and cut down the MSTR’s valuation premium versus its Bitcoin holdings.
Out of the $4.1 billion, Strategy allocated $2.2 billion for a U.S. dollar reserve to cover interest costs, about $824 million a year. The rest were used to accumulate around 21K Bitcoin, even if the BTC hoarding failed to inspire the bulls.
Let’s check out the latest price action of MSTR and BTC!
MSTR Stock Price Action
The Strategy (MSTR) stock price remains on the back foot at a 15-month low hit last week, poking an ascending support line from May 2024.
Strategy Stock Price Daily Chart: Bears Remain Hopeful
Given the quote’s sustained trading beneath the 200-day Exponential Moving Average (EMA), and a clear downside break of an ascending support line from May 2024, the Strategy stock price is likely to remain weak.
However, the lower Bollinger Band can restrict the short-term MSTR fall near $148.00 before directing the bears toward the August 2024 low near $104.00, and then to the $100.00 threshold.
Alternatively, MSTR rebound needs validation from the multi-month support-turned-resistance line surrounding $158.00 to may initially aim for the March 2025 low near 231.00. Still, buyers should remain cautious as long as the Strategy stock price stays beneath the 200-day EMA of $283.00.
Bitcoin Price Action
The Bitcoin price seesaws between a two-week horizontal resistance area and an ascending support line from April, respectively near $90,000 and $84,900.
Bitcoin Price Daily Chart: Potential Short-Term Consolidation Ahead
Apart from the key resistance area and a multi-month support line, sluggish signals from the Directional Movement Index (DMI) momentum indicator, with all three lines well beneath the 25.00 threshold, also suggest a lack of momentum in the Bitcoin price.
Also read: Bitcoin Outshines Gold and Silver This Decade; Is It Ready to Replace Them?
