Strategy Buys 3,015 Bitcoin As BTC Rebounds Above $68,000

Strategy (NASDAQ:MSTR) announced it purchased 3,015 Bitcoin (CRYPTO: BTC) for $204 million at $67,700 per coin.

The 101st Bitcoin Purchase

Strategy funded the acquisition through $229.9 million in common stock sales and $7.1 million in STRC preferred stock proceeds.

The company now holds 720,737 BTC acquired for roughly $54.77 billion at an average price of $75,985 per coin.

With Bitcoin trading at $66,000, Strategy’s treasury carries roughly $7 billion in unrealized losses. 

The average cost basis sits $10,000 above current prices, a gap that has weighed on MSTR shares throughout the eight-month decline.

Meanwhile, Strategy raised the STRC dividend by 25 basis points to 11.50% on Saturday.

This marks the seventh increase since STRC began trading in July 2025. The preferred stock trades near its $100 par value while MSTR common shares have fallen 14% in February—the eighth consecutive monthly decline.

The Iran War Timeline

Trump told the New York Times he expects airstrikes on Iran to continue for the next four to five weeks. 

“These intolerable threats will not continue any longer,” Trump said, urging Iran’s Revolutionary Guard and military police to “lay down your arms and receive full immunity or face certain death.”

The statement came after Israel launched fresh strikes targeting Tehran and expanded military operations to include Iran-backed Hezbollah militants in Lebanon. 

Iran retaliated following the U.S. killing of Supreme Leader Ayatollah Ali Khamenei.

Crypto markets crashed after Trump’s comments. Experts warned that if strikes continue for four to five weeks, the crash could worsen, potentially reversing the weekend recovery.

MSTR Technical Analysis

MSTR closed Friday down nearly 3%. 

The stock trades well below all moving averages: 20 EMA at $130.07, 100 EMA at $153.68, and 200 EMA at $192.80.

Immediate resistance sits at the 20 EMA at $130.07. Until MSTR closes above this level on volume, any bounce remains unconvincing. Major overhead resistance sits at $153.68.

Critical support is the Supertrend at $118.58. Breaking below this level on a daily close targets the psychological $100 level. 

Short interest sits at a massive 14% of the float, creating potential for violent moves in either direction.

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