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Bitcoin Surges Past $87K As Strategy Expands Holdings And Dollar Weakness Fuels Hedge Appeal – Strategy (NASDAQ:MSTR)

Bitcoin BTC/USD jumped 3.52% on Monday to $87,348.17, extending its rebound above key resistance as institutional buying and macroeconomic tailwinds boosted sentiment across crypto markets. 

The coin is now up 3.9% over the last seven days and has gained 3.91% over the past month.

MicroStrategy’s $556M Purchase Cements Dominance

Bitcoin’s latest leg higher coincides with a fresh round of accumulation by Strategy Inc. MSTR, which disclosed it added 6,556 BTC between April 14 and April 20 for a total of $555.8 million—paying an average of $84,785 per coin.

The purchase lifts MicroStrategy’s total holdings to 538,200 BTC, valued at roughly $46.8 billion at current prices,…

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