Bitcoin News Today: MicroStrategy Defies Trump-Driven Turbulence with 220 BTC Buy

MicroStrategy (MSTR), the world's largest corporate holder of Bitcoin, added 220 BTC to its treasury last week for $27.2 million, averaging $123,561 per coin. This purchase brings its total Bitcoin holdings to 640,250 BTC, valued at approximately $47.38 billion, according to a public statement by CEO Michael Saylor. The move reinforces the company's long-term bullish stance despite recent market turbulence triggered by U.S. President Donald Trump's 100% tariffs on Chinese imports, which caused a historic $19 billion in crypto liquidationsBitcoin (BTC) Price Prediction: $118K Ahead? - CoinDesk^[6].

Saylor's firm has maintained a consistent accumulation strategy, leveraging at-the-market (ATM) equity offerings to fund purchases. The latest acquisition, funded through its STRF, STRK, and STRD preferred stock programs, pushed the company's year-to-date Bitcoin yield to 25.9%. This follows MARA Holdings' own purchase of 400 BTC ($46.3 million) through FalconX, further signaling institutional confidence in Bitcoin's medium-term potentialBitcoin Bulls Re-Emerge After MARA Adds 400 BTC and Saylor …^[1].

Bitcoin's price action has been a rollercoaster in recent weeks. After hitting an all-time high above $126,200, the cryptocurrency plunged to $103,000 following Trump's tariff announcement, triggering the largest liquidation event in crypto historyBitcoin (BTC) Price Prediction: $118K Ahead? - CoinDesk^[6]. However, stabilizing institutional buying and improving technical indicators suggest a potential recovery.

On the daily chart, Bitcoin's 9-day and 20-day exponential moving averages (EMAs) have begun to flatten, signaling waning bearish momentum. The MACD histogram's contraction and the Relative Strength Index (RSI) moving out of oversold territory further support a possible bullish reversalBitcoin Bulls Re-Emerge After MARA Adds 400 BTC and Saylor …^[1]. Analysts at CoinDesk note that a sustained close above $117,000 could confirm the reversal, while a drop below $112,500 risks another leg lower.

Order book data reveals a tight liquidity range for Bitcoin, with significant bid walls near $115,000 providing near-term support. Conversely, ask walls at $115,500 and above could hinder upward movement unless buying pressure intensifiesBitcoin Bulls Re-Emerge After MARA Adds 400 BTC and Saylor …^[1]. Saylor's recent tweets hinting at further purchases have added psychological support, rekindling bullish sentiment among tradersBitcoin Bulls Re-Emerge After MARA Adds 400 BTC and Saylor …^[1].

Institutional confidence contrasts with retail hesitation. While corporate buyers continue to "buy the dip," retail traders remain cautious amid short-term volatility. MicroStrategy's $4.2 billion STRD ATM program and MARA's strategic accumulation underscore the belief that Bitcoin's long-term fundamentals remain intact despite macroeconomic headwindsStrategy Halts Bitcoin Buys, Reports $14B in Unrealized …^[2].

The Trump-driven trade war with China has introduced uncertainty, with analysts warning of potential spillovers into global technology supply chains. However, Strategy's legal victory in a dispute over its fair-value accounting methodology-dismissed with prejudice-removes a key regulatory overhang, reinforcing its role as a pioneer in corporate Bitcoin adoptionDid Trump’s Tariff Trigger A Crypto Purge Or Just A …^[4].

Bitcoin's path forward hinges on balancing institutional conviction with macroeconomic risks. If prices break above $117,000 on strong volume, the next resistance levels at $119,841 and $120,000 could come into focus. Conversely, a sustained pullback below $112,500 may test deeper support zones. For now, Strategy's relentless accumulation and MARA's recent buys offer a barometer of institutional sentiment in a market still grappling with Trump-era turbulence.