Saylor Teases Strategy's Next Bitcoin Move: 'We're Gonna Need Another Color'

Michael Saylor, CEO of Strategy, posted a cryptic message on X about his company's next Bitcoin move. The post, which read 'We're gonna need another color', referenced a chart showing Strategy's Bitcoin acquisition history.

The chart revealed that despite four consecutive weekly filings disclosing no purchases, the company still holds 843,775 BTC at an average cost of US$75,476 per coin.

Strategy's last disclosed buy was 520 BTC purchased between June 15-21 for an average price of US$67,068. The holding has not changed since July 5.

The company's cash reserve grew by US$3.225 billion to US$4.61 billion on July 19, with some of the increase coming from the sale of 3,588 BTC between June 29-July 5 for approximately US$216 million.