Yesterday, Strategy disclosed it acquired 13,927 BTC for approximately $1 billion at an average price of $71,902 per coin — funded entirely through the sale of its “Stretch” perpetual preferred shares . No cash reserves touched.
Strategy now holds 780,897 BTC — approximately 3.8% of Bitcoin’s entire circulating supply.
That’s not a retail move. That’s a conviction play.
CURRENT PRICE:
$BTC today: $BTC 73,203 | 24h range: $70,617 – $73,447 | Volume: $46.83B
Up +4.7% in 24 hours. Recovering off last week’s lows.
THE ANALYSIS:
Here’s what the market is missing. Strategy reported $14.5 billion in unrealized losses on its digital asset portfolio for Q1 2026 — and still bought $1 billion more. That’s not reckless. That’s the most public signal of institutional floor-building you’ll ever see.
In March 2026 alone, Strategy absorbed nearly three times the BTC that the entire global mining network produced.
Supply is getting eaten. Quietly.
Add this: the Senate is back in session today, and the CLARITY Act markup window is officially open. A markup vote before May = fresh institutional ETF inflows. Miss this window and the bill gets shelved until 2027.
Two catalysts. One window.
⚡ LEVELS TO WATCH:
∙ Resistance: $74,500 (24h high retest)
∙ Breakout target: $78,000–$80,000 if CLARITY Act advances
∙ Support: $70,600 (yesterday’s low — must hold)
∙ Invalidation: Daily close below $69,000
BIAS: Cautiously Bullish — short-term momentum + institutional floor
Risk remains. Crypto markets stalled Monday as oil surged past $100 on the Strait of Hormuz blockade. Geopolitics can flip this fast. Size accordingly.
Not financial advice. Do your own research. Manage your risk.
What’s your BTC target this week? 👇