Strategy Inc. (NASDAQ: MSTR) has bought 196 Bitcoin (CRYPTO: BTC) for $22.1 million, lifting its total holdings to 640,031 BTC, according to an SEC filing on Monday.
The company disclosed Monday it funded the Bitcoin purchase through its at-the-market equity programs.
Between Sept. 22 and Sept. 28, it sold preferred and common shares totaling $128.1 million in proceeds, with part allocated to Bitcoin acquisitions.
The latest buy lifts Strategy’s aggregate Bitcoin investment to US$47.35 billion at an average price of $73,983 per coin.
Digital asset products posted $812 million in weekly outflows last week, according to a CoinShares report. The U.S. led redemptions with $1 billion, while Switzerland, Canada, and Germany reported inflows.
Bitcoin products saw $719 million in outflows, though CoinShares noted the lack of short-Bitcoin inflows suggested the selling pressure was not strongly conviction-driven.
Ethereum (CRYPTO: ETH) recorded $409 million in redemptions, while Solana (CRYPTO: SOL) drew $291 million of inflows ahead of its U.S. ETF decision.
BTC Key Technical Levels (Source: TradingView)
Technical analysis: Bitcoin trades near $114,000 after defending its ascending trendline support.
Price is stabilizing above the 0.236 Fibonacci retracement at $111,294, with immediate resistance at the 20-day and 50-day EMAs between $112,791 and $113,277.
A breakout above this cluster may target $116,000 and the 0.618 retracement near $117,896.
On the downside, support is set at $111,784 and deeper at $108,380, where the 200-day EMA aligns with the channel base.
Strategy’s latest allocation shows how balance-sheet adoption is beginning to reshape Bitcoin’s market structure.
Despite $812 million in weekly outflows from digital asset funds, the company raised its holdings to 640,000 BTC, signaling that corporate treasuries are emerging as a counterweight to cyclical investor flows.
Crypto Fear & Greed Index (Source: Coinglass)
At the same time, the Crypto Fear & Greed Index climbed from 37 to 49, marking a shift from fear to neutrality.
For investors, this divergence highlights a critical turning point where Bitcoin’s direction is increasingly being set by long-term institutional anchors rather than short-term sentiment.
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