MicroStrategy Adds 950 BTC, Repurchases $174M Stock Amid Sustained Corporate Demand
MicroStrategy, a well-known institutional investor in Bitcoin, has made two significant moves. The company acquired 950 BTC (Bitcoin) and repurchased $174M of its own stock, STRC. As a result, MicroStrategy's total holdings now stand at 846,000 BTC and $6.09B in USD assets as of September 20, 2026.
The acquisition is the latest example of institutional buying driving crypto accumulation trends. Over the past year, MSTR has been steadily adding to its stack of BTC. Bitcoin price prediction models are taking into account sustained corporate demand for the asset.
Currently, Bitcoin is trading at $85,200.14 on the 4-hour chart, testing upper Bollinger resistance at $84,286.64. The Relative Strength Index (RSI) is at 84.03, indicating overbought conditions. However, the EMA50 support remains anchored at $79,577.21, and the MACD golden cross is intact, suggesting a measured pullback towards that level before the next leg higher.