Strategy Teases More Bitcoin Buying with 'More Orange Than Ever' Signal
Michael Saylor's latest message has sparked speculation about Strategy Inc.'s (Nasdaq: MSTR) plans for its bitcoin holdings. The company's executive chairman shared a chart on X, accompanied by the phrase 'More orange than ever,' which is reminiscent of past purchases marked with orange dots. This latest signal comes after two consecutive weekly acquisitions in September.
The accompanying purchase history lists 116 events, an average cost of $75,437 per BTC, and a tracker-reported appreciation of 12.65%, or roughly $8.12 billion. However, this figure differs from the official aggregate acquisition cost.
Strategy's previous purchases have been preceded by similar orange-themed signals on Sundays, with the company disclosing its transactions shortly after. The latest message follows this pattern, raising expectations for another acquisition announcement soon.