Michael Saylor bought for $ 100 million in Bitcoin, and this decision seems to have frightened markets, triggering a sale in the MSTR stock.
The actions of Microstrategy (MSTR), the software company focused on Bitcoin, now qualified as “strategy”, dropped on Monday, September 22, even if the company revealed another big purchase of Bitcoin.
Business disclosed He acquired 850 BTC between September 15 to 21 for around $ 99.7 million at an average price of $ 117,344.
The strategy acquired 850 BTC for around $ 99.7 million at around $ 117,344 per Bitcoin and reached BTC yield of 26.0% YTD 2025. At 21/09/2025, we Hodl 639 835 $ BTC Acquired for ~ 47.33 billion dollars to ~ $ 73,971 per bitcoin. $ Mstr $ Strc $ Strk $ STRF $ Strd
– Michael Saylor (@saylor) September 22, 2025
Why are MSTR stocks underperforming bitcoin despite new purchases?
The purchase raised the total hiding place of the strategy at 639,835 BTC, bought for around 47.33 billion dollars to an average of $ 73,971 per room. At current prices, assets are about $ 72 billion.
To finance the agreement, the company has operated its capital recovery programs for approximately $ 19 million from its privileged STRF shares and more than $ 80 million via its sale of MSR At-The Sarchet shares. This activity adds a new supply to the market and can drag the course of action by dilution.
Microstrategy’s actions move cautiously after weeks of unequal negotiation. The four -hour table shows The momentum has cooled from the summit in mid-July, when the course of the action began to slip in August and fell below the medium of moving.
(Source: MSTR Stock, TradingView))
Buyers tried to set up a recovery in early September, briefly raised the stock to the level of $ 350.
This rebound blocked around the EMA of 50 periods at $ 344 and the EMA of 100 periods nearly $ 357. The MSTR price pushed above both lines but quickly dropped to $ 336, stressing that the sellers remain active.
The failure of failure reinforces the wider lower structure which has been in place since the end of July, the lower ups and the lower stockings continue to shape the trend.
For the moment, the support is around $ 330, while the resistance is in the tight band from $ 344 to $ 357. Traders look to see if the action can maintain more than $ 336 and press more upwards again.
A clean push above $ 357 would drop to $ 370, giving the recovery bulls. Otherwise, the pressure could return, with the $ 320 area in sight.
The volume of trading increased during the decline, showing a more vigorous sales activity.
Data from Rinsing Also underlines stress on the derivative markets, with new waves of long liquidations in August and September.
(Source: Coringlass))
The last overvoltage corresponded to the lively removal of the MSTR stock, stressing the volatility surrounding the betcoin bet of Saylor.
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Bitcoin price prediction: What’s going on if Bitcoin breaks below $ 110,000?
Bitcoin Price (USD BTC) is negotiated nearly $ 112,400 after deciding last week’s summits, approaching the key support of $ 110,000.
Crypto Tony analyst poster On X that he expects a brief rebound before a plunge in this support, followed by a more substantial rally to the range of $ 120,000 to $ 126,000.
Action plan on #Bitcoin. Small pump, emptying then another large pump to come pic.twitter.com/ojsiqipyh4
– Crypto Tony (@Cryptony__) September 22, 2025
Since July, Bitcoin has been traveling in a large group of $ 110,000 to $ 122,000. The sellers have repeatedly rejected prices nearly $ 116,000 to $ 118,000, while buyers intervened to defend the lower levels.
The $ 110,000 brand remains essential. A scan below could reset the positioning of the market before any movement renewed above.
On the resistance side, obstacles are around $ 114,000 at $ 116,000, with more substantial barriers to $ 118,000 at $ 120,000. An escape above these areas would confirm the bullish case.
But if $ 110,000 does not hold, Bitcoin may slide around $ 108,000 to $ 105,000.
Merchants focus on the question of whether the BTC can form higher stockings after testing its base. A constructive rebound in the support could prepare the land for a thrust in the region of $ 120,000 in the middle of the coming weeks.
Find out more: Tradfi will kill the volatility of the USD BTC? Forex lessons?
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