Strategy Acquires 2,932 BTC for $264.1 Million, Correcting Previous Figures
- Purchase Scale Correction: Strategy disclosed in its SEC filing on January 26, 2026, that it acquired 2,932 BTC for $264.1 million, correcting the previously circulated figure of 2,645 BTC, demonstrating the company's commitment to transparency and compliance in the Bitcoin market.
- Increased Holdings: Following this acquisition, Strategy's total Bitcoin holdings reached 712,647 BTC, further solidifying its position as the largest known corporate holder of the asset, reflecting its strategic positioning in the digital asset space.
- Market Impact Analysis: The 2,932 BTC purchase represented approximately 7.5 times the daily mined output over a recent 24-hour period, indicating that Strategy absorbed a significant amount of new supply in an extremely fearful market environment, which could positively influence market sentiment.
- Cost Basis vs. Market Comparison: Acquiring BTC at an average price of $90,061, well above the $72,866 spot price at the time, despite an overall cost basis of $76,037, illustrates the company's strong conviction in the face of market downturns.
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Technical Analysis for FORM
Technical Sentiment Analysis for Formation Fi (FORM). As of , Formation Fi (FORM) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FORM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, FORM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Formation Fi (FORM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.113 | 0.154 | 0.183 | 0.224 | 0.253 | 0.294 | 0.323 |
| Fibonacci | 0.154 | 0.181 | 0.197 | 0.224 | 0.251 | 0.267 | 0.294 |
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