Back in the black: Strategy’s returns to profit on bitcoin holdings after $76,000 surge

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Back in the black: Strategy’s returns to profit on bitcoin holdings after $76,000 surge Bitcoin climbs above its 100 day moving average, while Strategy moves back above its 200 week trend level. By James Van Straten | Edited by Jamie Crawley Apr 17, 2026, 10:23 a.m. Make preferred on What to know : Bitcoin’s move above $76,300 marks its first decisive breakout since the early February selloff, with price now firmly above its 100 day moving average. Strategy is back in profit on its bitcoin holdings and trading above its 200 week moving average, for the first time since February, signaling improving long term momentum Nasdaq 100 has closed higher for twelve consecutive sessions. Bitcoin BTC $ 75,718.12 has decisively broken above $76,300 for the first time since its sharp selloff on Feb. 5, when it dropped to a low near $60,000. BTC has rallied more than 25% and now trades above its 100-day moving average (100DMA) of $74,774 since bottoming in early February. The previous two tests of this level resulted in rejections and further downside, adding weight to the current move higher. Bitcoin briefly traded as high as $76,700 on Feb. 4 before continuing lower. A later recovery attempt on March 17 also stalled at $76,013, making the current breakout above $76,300 more notable. The breakout also carries positive implications for Strategy (MSTR), the largest publicly traded holder of bitcoin. The company is now back in profit on its bitcoin holdings, with an average purchase price of $75,577 . MSTR is also trading above its 200-week moving average, a long term trend indicator that smooths price data over roughly four years and currently stands at $151. Meanwhile, broader equity markets have been on a strong run. The Nasdaq 100 has risen for twelve consecutive trading sessions, from March 31 through April 16, pushing both the Nasdaq 100 and the S&P 500 to new all time highs. Bitcoin News MicroStrategy More For You The 4.5 signal: Why Glassnode’s RHODL ratio says the bitcoin bottom may be in By James Van Straten | Edited by Jamie Crawley 47 minutes ago RHODL ratio suggests market conditions resemble cycle corrections rather than late-stage tops, as long-term holders regain dominance. What to know : The RHODL ratio has climbed to its third highest level on record, reflecting a market where long-term holders dominate following a 50% correction that flushed out short-term speculation. While higher readings were seen in 2015 and 2022, further upside in the ratio would likely require a deeper collapse in demand,... Read full story Latest Crypto News The 4.5 signal: Why Glassnode’s RHODL ratio says the bitcoin bottom may be in 47 minutes ago Russia-linked Grinex exchange halts operations after $13 million ‘state-backed’ hack 1 hour ago Ethereum just had its busiest quarter ever, capping a three-year comeback 2 hours ago This simple indicator has called every bottom since 2015. It hasn't triggered yet 3 hours ago The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase 5 hours ago XRP leads bitcoin and ether on weekly gains, but muted volume keeps breakout in check 5 hours ago Top Stories Bitcoin bulls target $125,000 as U.S.-Iran peace talks trigger risk-on mood 6 hours ago U.S. CFTC's Selig says AI has helped make up for staffing cuts at key crypto watchdog 17 hours ago Cardano's Charles Hoskinson says Bitcoin's quantum fix is a hard fork that can't save Satoshi's coins 18 hours ago Wall Street trading-tech is coming to crypto as DoubleZero rolls out high-speed data for Solana 21 hours ago Buying coffee with bitcoin is easy, the resulting tax burden is not Apr 16, 2026 Bitcoin devs bet a quantum attacker will play nice with a ‘wait and react’ plan Apr 16, 2026 In this article BTC BTC $ 75,718.12 ◢ 1.89 %