Will BTC price reach $80K?
Michael Saylor Strategy (MSRL) looks set to restart its Bitcoin (BTC) stock engine after a short hiatus, with this week's STRC Preferred Stock funding fresh crypto purchases.
Main Receptors:
Strategy can buy at least $76.25 million in Bitcoin this week.
Combined with the technical setup, Bitcoin could rise to $80,000 in April.
Strategy can buy at least 1,111 BTC this week.
On Tuesday, STRC closed at $100.02, up $100. Trading at or above par provides a strategic component to issuing new shares, raising fresh capital, and deploying the proceeds into Bitcoin.
The speculative strategy from STRC.LIVE has raised enough to fund the purchase of over 1,085 BTC on Tuesday, bringing the weekly total to over 1,111 BTC. That's around $76.25 million.
This is a change from last week, when STRC traded mostly below par and did not generate any predictable BTC purchases.
At the end of March, the company held 762,099 BTC at an average purchase price of $75,694, according to the latest filings.
When the buy window of the strategy reopens, BTC will recover
The renewed buying window has been linked to a rise in Bitcoin prices.
BTC/USD is up more than 5% since Tuesday, briefly reaching $69,300. The move reflects the gains seen earlier when the strategy was raising capital to buy bitcoin through STRC.
An example came during the week ending March 15, when Bitcoin surged more than 10% despite weak broader risk sentiment. During the same period, Strategy bought 22,337 BTC worth about 1.57 billion dollars.
After that, the opposite dynamic emerged. Over the next two weeks, Bitcoin fell by 14.55%, coinciding with a strategic pause in purchases as STRC slipped below its $100 value.
On March 23, Strategy disclosed the potential to raise $44.1 billion in capital to purchase additional Bitcoin through the sale of STRC and other preferred shares, indicating that it will remain a meaningful source of demand for Bitcoin in the coming months.
The dividend rate for April 2026 is set at 11.50%. $STRC pic.twitter.com/8Jl0QlfNhK
— Michael Saylor (@saylor) April 1, 2026
After lifting the support of the flag, Bitcoin eyes 80 thousand dollars
From a technical point of view, Bitcoin's reset started after it tested the dominant bearish flag pattern as support.
If the recovery gains more strength, BTC could rise near the $80,000 flag line in April, especially if new strategic buying and signs of Iran war tensions ease.
The upside target of $80,000 corresponds to the 50-time moving average on the three-day chart, making the area a near-term resistance zone.
Related: Bitcoin ETFs Post $1.3B in March Revenues, First Monthly Gain of 2026
On the other hand, Bitcoin risks losing the support of the flag's lower trend line if the supporters disappear and confirm a typical bearish breakdown of the pattern.
In that case, the measured downside target comes around the $49,000–$50,000 zone. That's in line with bearish forecasts shared by several analysts in the past.
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