MicroStrategy Bought 855 BTC: Opportunity in the Dip
The post MicroStrategy Bought 855 BTC: Opportunity in the Dip appeared on BitcoinEthereumNews.com.
MicroStrategy, the world’s largest publicly traded Bitcoin holder, purchased 855 BTC last week when the Bitcoin price briefly dipped below $75.000. According to the SEC filing, the company executed the purchases at an average price of $87.974 for $75,3 million. Bitcoin started the week above $87.700, rose to $90.000, but fell below $75.000 on Sunday; this was the first time it had declined below the company’s average cost ($76.052) since the end of 2023. For the first time since October 2023, BTC fell below MicroStrategy’s cost basis ($76.037). Details of MicroStrategy’s Bitcoin Purchases With this purchase, MicroStrategy’s total Bitcoin holdings reached 713.502 BTC; average cost $76.052, total expenditure approximately $54,26 billion. The company launched the Bitcoin standard in 2020; in 2022, during a similar low period, it slowed purchases and added 8.109 BTC. According to Polymarket data, bettors assess the probability of increasing its holdings to 800.000 BTC by the end of 2026 at 81%. BTC Price Drop: First Since April 2025 Bitcoin shook the market by falling below $80.000 for the first time since April 2025. Current price: $78.867 (+1.70% 24h). RSI 29.55 (Oversold), indicating downtrend and bearish Supertrend signal. 20 EMA: $86.412. Critical Support and Resistance Levels for BTC Support S1: $74.604 (Strong, 72/100 ⭐, -5.37% distance) Support S2: $77.546 (Medium, 55/100, -1.64% distance) Resistance R1: $84.450 (Strong, 76/100 ⭐, +7.12% distance) Resistance R2: $79.396 (Strong, 72/100 ⭐, +0.71% distance) MicroStrategy BTC Strategy FAQ Why did MicroStrategy buy BTC at low prices? It viewed BTC falling below its average cost as an opportunity and continued its long-term strategy. When did BTC fall below $75.000? On Sunday, breaking the cost basis for the first time since 2023. How much BTC will MicroStrategy acquire by the end of 2026? According to Polymarket, 81% probability of 800.000 BTC. Will BTC recover?…
Filed under: News - @ February 2, 2026 7:24 pm