Strategy Skips Bitcoin Buy as BTC Hits $80K for First Time Since January

Andrew Hayward

Mon, May 4, 2026 astatine 9:39 AM CDT 2 min read

The terms of Bitcoin roseate supra the $80,000 people overnight for the archetypal clip since precocious January, marking a caller milestone successful the starring cryptocurrency's rebound aft dipping beneath $65,000 astatine aggregate points successful caller months. And it comes arsenic the starring holder of Bitcoin, the publically traded Strategy, took a uncommon week disconnected successful accumulating the coin.

Bitcoin touched a caller precocious of $80,529 aboriginal Monday Eastern Time, and has since dipped to a caller trading terms of $79,300. At that price, it's up 0.8% connected the day, and has risen much than 18% implicit the past 30 days per information from CoinGecko.

Ethereum has likewise posted a double-digit percent summation implicit the past month, rising astir 15% during that span to a caller trading terms of $2,350, portion the monthly gains of different apical coins similar XRP and Solana haven't been arsenic large.

Bitcoin, Ethereum, and astir different large coins fell sharply earlier this twelvemonth arsenic U.S. President Donald Trump began the warfare successful Iran alongside state Israel, with the instability rocking hazard assets similar cryptocurrencies. However, they've rebounded successful caller weeks amid a ceasefire and hopes that the struggle volition extremity imminently.

Over the past 24 hours, implicit $461 cardinal worthy of futures positions person been liquidated crossed the crypto market, per information from CoinGlass, including $213 cardinal worthy of Bitcoin positions and $118 cardinal worthy of positions tied to Ethereum. Shorts marque up the bulk of the wide liquidations, tallying $317 cardinal arsenic crypto bears get deed by the marketplace upswing.

Strategy, which holds astir $65 cardinal worthy of Bitcoin, reliably announces a play BTC acquisition each Monday greeting with uncommon exception. This week was 1 of those exceptions, but it was expected: The institution routinely skips buys the week earlier its quarterly net report, which is coming this Thursday.

"No buys this week. Back to enactment adjacent week," Strategy co-founder and Executive Chairman Michael Saylor wrote connected X connected Sunday.