Saylor's 'More Orange' Post Fuels Expectations of Another Strategic BTC Buy

Strategy founder Michael Saylor has sparked expectations of another Bitcoin purchase after reposting the company's 'Bitcoin Tracker' chart. The chart, which shows Strategy's Bitcoin reserves, features an orange dot that typically indicates a new BTC acquisition.

Saylor added the phrase 'More orange' to his post, implying that Strategy may have increased its Bitcoin holdings again. Past instances of similar posts have been followed by official announcements of new BTC purchases.

Strategy's current Bitcoin reserve stands at 845,050 BTC, with a total value estimated to be around $68.03 billion based on current prices. The company's average purchase price for these Bitcoins is approximately $75,412, and the total cost of its reserves is around $63.58 billion.

Strategy resumed Bitcoin purchases in late August after a two-month break, acquiring 4,603 BTC at an average price of $80,382. This transaction increased the company's total reserve to 845,050 BTC.