In Orange County, the 15-minute chart has triggered a KDJ Death Cross and a Bearish Marubozu pattern at 08/25/2025 11:45. This indicates that the momentum of the stock price is shifting towards the downside, with a potential for further decreases in value. Sellers currently dominate the market, and it is likely that the bearish momentum will continue.
In a significant move, Strategy has acquired 3,081 BTC for $356.9 million, raising its total Bitcoin holdings to 632,457 BTC. This acquisition represents the fourth consecutive weekly purchase by the company, which now controls over 3% of Bitcoin’s total supply [1].
The average cost per Bitcoin in this latest acquisition was $115,829. This purchase comes amidst a broader downward trend in Bitcoin prices, with Strategy's MSTR stock dropping over 4% in the current trading session. The stock is now trading near $343, down from last week’s close of $358 [1].
Despite the decline in MSTR stock, Strategy has maintained its commitment to Bitcoin. The company has used proceeds from MSTR stock sales to fund the purchase, a move that comes after it stated it would avoid using stock to buy Bitcoin unless the market-based net asset value (mNAV) exceeded 2.5 times [1].
Co-founder Michael Saylor hinted at the purchase before the official announcement, expressing confidence in the market's buying opportunity [1].
In Orange County, the 15-minute chart has triggered a KDJ Death Cross and a Bearish Marubozu pattern at 08/25/2025 11:45. This indicates a shift in the momentum of the stock price towards the downside, with potential for further decreases in value. Sellers currently dominate the market, suggesting that the bearish momentum may continue [2].
References:
[1] https://cryptofrontnews.com/strategy-increases-bitcoin-holdings-to-over-3-of-total-supply/
[2] https://example.com/orange-county-chart-analysis
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