Michael Saylor Signals Another Major Bitcoin Buy for Strategy
Strategy (formerly MicroStrategy) founder Michael Saylor has hinted at another major Bitcoin purchase, sparking speculation in the market. On October 4, 2026, Saylor posted on X with the phrase "More orange than ever," a reference to a chart from StrategyTracker showing an all-time high in Bitcoin purchase markers. Historically, such posts have preceded official SEC filings confirming large-scale acquisitions.
Strategy currently holds 847,666 BTC, representing about 4.04% of Bitcoin's total supply. The company has spent $63.95 billion on these holdings, with an average purchase price of $75,442.45 per coin. At current market prices, the reserves are valued at $72.20 billion, resulting in an unrealized net profit exceeding $8.25 billion. The portfolio has grown by 26.05% this year, with recent purchases made in late September near the portfolio's average price.
The company's shares are trading at a 14% premium to the value of its net crypto reserves, with an mNAV multiple of 1.14x. Strategy's unique debt model, the Digital Credit Stack, involves issuing specialized bonds worth $12.68 billion, offering fixed yields ranging from 9.00% to 13.63% annually. Analysts from Citigroup recently raised their price target for MSTR shares to $240, citing the company's effective balance sheet management.
Saylor's latest hint suggests another significant Bitcoin buy could be imminent, with details expected in upcoming regulatory filings.