MicroStrategy (MSTR is above the 7-day moving average -> bullish, and is above the 30-day moving average -> bullish, with 1 week change of +11.6%) purchased 4,225 Bitcoins for $472.5 million, boosting its total holdings to 601,550 BTC. This acquisition, funded through stock offerings, reinforced investor confidence in its Bitcoin-focused strategy, driving a 3.5% stock price jump. Strong institutional demand for Bitcoin, with MicroStrategy as a key player, further supported the stock’s upward movement. Despite concerns about its leveraged $71 billion Bitcoin position, the market responded positively to its aggressive accumulation.