Michael Saylor purchased one other $100M value of Bitcoin, and the transfer seems to have spooked markets, triggering a sell-off in MSTR inventory.
Shares of MicroStrategy (MSTR), the Bitcoin-focused software program agency now branded as “Technique,” fell on Monday, September 22, whilst the corporate revealed one other giant Bitcoin purchase.
The agency disclosed it acquired 850 BTC between September 15 and 21 for about $99.7M at a median worth of $117,344.
Technique has acquired 850 BTC for ~$99.7 million at ~$117,344 per bitcoin and has achieved BTC Yield of 26.0% YTD 2025. As of 9/21/2025, we hodl 639,835 $BTC acquired for ~$47.33 billion at ~$73,971 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/rG5pvryeYL
— Michael Saylor (@saylor) September 22, 2025
Why Is MSTR Inventory Underperforming Bitcoin Regardless of New Buys?
The acquisition lifted Technique’s whole stash to 639,835 BTC, purchased for roughly $47.33Bn at a median of $73,971 per coin. At present costs, the holdings are value about $72Bn.
To fund the deal, the corporate tapped its capital-raising applications for about $19M from its STRF most well-liked inventory and greater than $80M by way of its MSTR at-the-market inventory sale. That exercise provides new provide to the market and might drag on the share worth by means of dilution.
MicroStrategy’s inventory is transferring cautiously after weeks of uneven buying and selling. The four-hour chart reveals momentum has cooled because the mid-July peak, when the share worth started sliding by means of August and fell beneath main transferring averages.
(Supply: MSTR Inventory, TradingView)
Consumers tried to mount a restoration in early September, briefly lifting the inventory again towards the $350 degree.
That rebound stalled across the 50-period EMA at $344 and the 100-period EMA close to $357. MSTR worth pushed above each strains however rapidly dropped to $336, highlighting that sellers stay energetic.
The failed breakout reinforces the broader bearish construction that has been in place since late July, with decrease highs and decrease lows persevering with to form the development.
For now, help is round $330, whereas resistance sits within the tight $344-$357 band. Merchants are watching to see if the inventory can maintain above $336 and press increased once more.
A clear push above $357 would shift focus to $370, giving bulls room for restoration. If not, strain might return, with the $320 zone again in sight.
Buying and selling quantity spiked in the course of the drop, exhibiting extra vigorous promoting exercise.
Information from CoinGlass additionally factors to emphasize in derivatives markets, with contemporary waves of lengthy liquidations in August and September.
(Supply: Coinglass)
The newest surge matched the sharp pullback in MSTR inventory, underscoring the volatility surrounding Saylor’s Bitcoin-heavy guess.
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Bitcoin Value Prediction: What Occurs if Bitcoin Breaks Beneath $110K?
Bitcoin worth (BTC USD) is buying and selling close to $112,400 after pulling again from final week’s highs, edging nearer to the important thing $110,000 help degree.
Analyst Crypto Tony posted on X that he expects a short bounce earlier than a dip into this help, adopted by a extra substantial rally towards the $120k-$126k vary.
$BTC / $USD – Replace
Plan of motion on #Bitcoin. Small pump, dump then one other large pump to return pic.twitter.com/OJSIqIPyH4
— Crypto Tony (@CryptoTony__) September 22, 2025
Since July, Bitcoin has been transferring inside a large $110k-$122k band. Sellers have repeatedly rejected costs close to $116k-$118k, whereas patrons have stepped in to defend decrease ranges.
The $110k mark stays pivotal. A sweep beneath might reset market positioning earlier than any renewed transfer increased.
On the resistance aspect, hurdles sit round $114k-$116k, with extra substantial obstacles at $118k-$120k. A breakout above these zones would affirm the bullish case.
But when $110k fails to carry, Bitcoin dangers sliding towards $108k-$105k.
Merchants are centered on whether or not BTC can kind increased lows after testing its base. A constructive rebound from help might set the stage for a push into the mid-$120k area within the weeks forward.
Learn Extra: Will TradFi Kill BTC USD Volatility? Classes From Foreign exchange?
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