Saylor's Signal: Could Strategy Announce Another Massive Bitcoin Purchase?
Strategy, a publicly traded company and one of the largest holders of Bitcoin, may be preparing another massive purchase. On Sunday, Michael Saylor, executive chairman of Strategy, posted an orange chart on his social media account, accompanied by the message 'Even more orange.'
The orange chart is a signal used by Strategy to indicate a new bitcoin acquisition before officially announcing it. The company typically reports its purchases to US authorities on Mondays.
Last Sunday, Saylor shared a similar message before an official announcement of a 950 BTC purchase. This repetition of the pattern has fueled speculation about another upcoming acquisition, but no confirmation has been made by Strategy so far.