While there has been silence in the Bitcoin market for the last two weeks, Strategy Inc., the publicly held company that holds the most Bitcoin in the world. came on stage again. The company purchased a total of 535 BTC between May 4-10 at an average price of $80,340. Thus, the amount of Bitcoin in its safe increased to 818,869 units and the total investment cost increased to 61.86 billion dollars. The average purchase price of each Bitcoin was $75,540.
Company’s Bitcoin policy and investor reaction
Strategy Inc. has been continuing its “buying Bitcoin by selling shares” model since 2020. In the latest acquisition, it financed the transaction with a $42.9 million share sale and a $100,000 Stretch (STRC) senior share issue. The company took a short break after its last acquisition at the end of April, and then Chairman of the Board Michael Saylor’s statements that “Bitcoin can be sold if necessary” created controversy.
Some market players were worried that this announcement could have a negative impact on the company’s stock and Bitcoin price. Because Saylor company and its huge Bitcoin reserves have symbolic importance for the industry. Despite this, Saylor gave a buying signal again after a short wait, and the market reacted positively after this move. The company’s shares appreciated by 4.3% before the opening and reached $ 187.50. Bitcoin price also rose 1% on the news, reaching just under $82,000. CryptoAppsy According to data, Bitcoin is currently trading at $ 81,200.
Technical indicators: Golden cross approaching
The timing of the company’s new acquisition was at a threshold that also attracted attention on the technical analysis side. The Market Cap/Realized Value (MVRV) ratio, one of the most followed indicators for Bitcoin, has come close to breaking above the 200-day exponential moving average. Analyst CW8900 says this is a “trend reversal signal and a strong bullish indicator.”
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Historical data point to the importance of such transitions. The first MVRV golden cross, which occurred after the November 2022 bottom, triggered a 90% quarterly rise in Bitcoin. The second transition in September 2023 took Bitcoin to an all-time high of $126,198 on October 6, 2025, with a 400% ramp. Now the third confirmation comes as Bitcoin price hovers around $81,200.
Short-term investor cost bands also point to the continuation of upside potential. Currently, the “overheated level” appears to be at $92,000, while the “overheated level” appears to be $104,000. This band is known to historically suppress the price; In other words, profit realization may accelerate between 92,000-104,000 dollars.
Analysts talk about the potential for a “super cycle” in the range of $180,000-$250,000 in 2026, if technical indicators and demand momentum continue. However, the most important resistance currently is the 200-day moving average at $82,500. A permanent transition above this level may pave the way for the price; Otherwise, the risk of a $50,000 pullback is on the table.
The regulation process in the USA affects prices
In addition to the improvement in technical indicators, there has been a significant change in the political atmosphere towards crypto in the US in recent weeks. The US Senate Banking Committee will hold a committee vote on Thursday, May 14, on the comprehensive CLARITY bill, which determines the digital asset market structure. This is the most concrete step towards the first comprehensive crypto bill in US history.
With the compromise reached between Republican and Democratic senators on May 1, it was planned to ban fixed income stablecoin products equivalent to bank deposits, while allowing transaction and platform-based rewards. While Coinbase, Circle and industry representatives are pleased with this bill, banks are monitoring the process with some reservations.
In the national survey conducted by HarrisX, 52% of voters supported the bill; This rate stands out with the support of those who are not informed about the law. The law has not yet come into force; It must first pass through the committee and the general assembly, then be reconciled with the version passed by the House of Representatives in July 2025, and finally the signature of US President Donald Trump. The White House aims to complete the process by July 4.
Evaluating the latest developments, market analysts consider Strategy Inc.’s resumption of buying bitcoin after a long break, the positive picture in technical indicators, and the fact that we are on the verge of a historic regulatory move in the USA, as a “triple catalyst for the market”.
