Saylor's 'Even More Orange' Post Suggests MicroStrategy May Be Buying Bitcoin Again

Michael Saylor, executive chairman of MicroStrategy (formerly Strategy), has posted another Bitcoin chart on social media with the caption 'Even more orange.'

The post comes a day before the company typically reports new Bitcoin purchases in its filings with US regulators.

Each orange dot on the chart marks a purchase, and larger dots signify bigger buys. The color orange is associated with Bitcoin.

Last Sunday, Saylor posted a similar chart captioned 'A little more orange,' which preceded a 950 BTC buy worth about $76 million or $79,670 per coin the following day.