Strategy set to resume buying Bitcoin via STRC: Will BTC price hit $80K?

2 hours ago

Michael Saylor’s Strategy (MSTR) looks acceptable to restart its Bitcoin (BTC) accumulation motor aft a abbreviated pause, with its STRC preferred stock apt backing caller crypto purchases this week.

Key takeaways:

Strategy whitethorn acquisition astatine slightest $76.25 cardinal successful Bitcoin this week.
Combined with a method setup, Bitcoin whitethorn emergence to $80,000 successful April.

Strategy whitethorn bargain astatine slightest 1,111 BTC this week

On Tuesday, STRC closed astatine $100.02, conscionable supra its $100 par value. Trading astatine oregon supra par gives Strategy country to contented caller shares, rise caller superior and deploy the proceeds into Bitcoin.

Estimates from STRC.LIVE suggest Strategy had raised capable by Tuesday’s adjacent to money the acquisition of much than 1,085 BTC, with the play full rising to implicit 1,111 BTC. That is equivalent to astir $76.25 million.

This is simply a displacement from the erstwhile week, erstwhile STRC traded mostly beneath par and generated no estimated BTC purchases.

As of precocious March, the institution held 762,099 BTC astatine an mean acquisition terms of astir $75,694, according to its latest filings.

BTC rebounds arsenic Strategy’s buying model reopens

The renewed buying model has coincided with a bounce successful Bitcoin prices.

Since Tuesday, BTC/USD has climbed much than 5%, concisely reaching astir $69,300. The determination mirrors earlier gains seen during periods erstwhile Strategy was actively raising superior done STRC to bargain Bitcoin.

One illustration came successful the week ending March 15, erstwhile Bitcoin roseate much than 10% contempt anemic broader hazard sentiment. Over the aforesaid period, Strategy purchased 22,337 BTC worthy astir $1.57 billion.

The other dynamic emerged afterward. Bitcoin fell 14.55% implicit the adjacent 2 weeks, astir aligning with Strategy’s intermission successful purchases arsenic STRC slipped beneath its $100 par value.

On March 23, Strategy unveiled a $44.1 cardinal capital-raising capacity to bargain much Bitcoin via the income of STRC and different preferred stocks, indicating that it would stay a meaningful root of Bitcoin request successful the coming months.

Stretch Dividend Rate maintained astatine 11.50% for April 2026. $STRC pic.twitter.com/8Jl0QlfNhK

— Michael Saylor (@saylor) April 1, 2026

Bitcoin eyes $80K aft bouncing from emblem support

From a method standpoint, Bitcoin’s rebound began aft it retested the little bound of its prevailing carnivore emblem signifier arsenic support.

BTC could beforehand toward the flag’s precocious trendline adjacent $80,000 successful April if the betterment gains further traction, peculiarly if boosted by renewed Strategy buying and signs of easing Iran warfare tensions.

The $80,000 upside people besides aligns with the 50-period exponential moving mean connected the three-day chart, making the country a cardinal near-term absorption zone.

Conversely, Bitcoin risks losing the flag’s little trendline enactment and confirming the pattern’s emblematic bearish breakdown if those supportive catalysts fade.

In that scenario, the measured downside people would travel successful adjacent the $49,000–$50,000 zone. That aligns with the downside projections shared by aggregate analysts successful the past.

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