Saylor's Orange Chart Puts Another Bitcoin Buy in Focus
Strategy Inc., led by Executive Chairman Michael Saylor, may be preparing for another large Bitcoin purchase. A chart shared on September 27 showed Strategy's holdings of 846,000 BTC valued at $71.81 billion, with an average acquisition price of $75,416 per bitcoin.
The message 'Even more orange' accompanied the chart, which marks Strategy's Bitcoin purchases with orange circles. Saylor has used this chart to hint at potential purchases before.
Strategy last disclosed a purchase of 950 BTC for $75.7 million on September 21, bringing its holdings back to 846,000 BTC, a level it held during the summer before further sales.