Crypto
MicroStrategy Tops S&P 500 Financial Reserves in Bitcoin Treasury Play
Michael Saylor announced on September 2, 2026 that MicroStrategy (MSTR) has surpassed all financial services companies in the S&P 500 except Berkshire Hathaway in terms of total reserve capital. This milestone is a testament to the company's ongoing commitment to using its treasury to accumulate Bitcoin.
The news comes as MSTR continues to navigate a bearish market structure on the 4-hour chart, with the price sitting at $77,362.14. The EMA50 acts as immediate resistance at $75,721.1, while the EMA200 provides deeper support at $71,860.78.
The Moving Average Convergence Divergence (MACD) indicator confirms a death cross, indicating a bearish trend. Meanwhile, the Relative Strength Index (RSI) shows neutral momentum with a reading of 43.48.