Michael Saylor expresses confidence in Bitcoin and hints at new purchases for Strategy
Is Michael Saylor preparing a new Bitcoin acquisition for Strategy? The executive recently shared a chart suggesting the company’s reserves may soon increase. The post comes after several optimistic statements about the market and a week without any cryptocurrency purchases. As Strategy continues its long-term holding strategy, its latest financial results also reveal important decisions regarding the management of its capital and preferred stock.
Michael Saylor hints at new purchases after mentioning an upcoming bull market.
Strategy holds 848,517 BTC, valued at approximately $66 billion.
The company spent $204.9 million to repurchase 2.06 million STRC preferred shares.
Its reserves now represent 4.04% of the maximum supply of 21 million BTC.
Michael Saylor hints at new Bitcoin purchases
On November 1, Michael Saylor posted a new message on X hinting at a possible additional acquisition. The founder and executive chairman of Strategy shared a chart showing the company’s successive purchases. He accompanied it with an evocative phrase: “We’ve found room for even more orange.” The reference to the color orange draws on a visual motif regularly associated with its accumulation strategy.
The chart shows a total of 848,517 BTC, worth approximately $66 billion. It distinguishes the different purchase transactions with orange circles positioned along the historical price trend. Another line indicates the average price at which Strategy built its reserve. According to the data shown, the company has made 119 acquisitions, at an average cost of $75,446 per unit.
$BTC
$SAIL.US
$MICC.US
#MichaelSaylor
Is Michael Saylor preparing a new Bitcoin acquisition for Strategy? The executive recently shared a chart suggesting the company’s reserves may soon increase. The post comes after several optimistic statements about the market and a week without any cryptocurrency purchases. As Strategy continues its long-term holding strategy, its latest financial results also reveal important decisions regarding the management of its capital and preferred stock.
Michael Saylor hints at new purchases after mentioning an upcoming bull market.
Strategy holds 848,517 BTC, valued at approximately $66 billion.
The company spent $204.9 million to repurchase 2.06 million STRC preferred shares.
Its reserves now represent 4.04% of the maximum supply of 21 million BTC.
Michael Saylor hints at new Bitcoin purchases
On November 1, Michael Saylor posted a new message on X hinting at a possible additional acquisition. The founder and executive chairman of Strategy shared a chart showing the company’s successive purchases. He accompanied it with an evocative phrase: “We’ve found room for even more orange.” The reference to the color orange draws on a visual motif regularly associated with its accumulation strategy.
The chart shows a total of 848,517 BTC, worth approximately $66 billion. It distinguishes the different purchase transactions with orange circles positioned along the historical price trend. Another line indicates the average price at which Strategy built its reserve. According to the data shown, the company has made 119 acquisitions, at an average cost of $75,446 per unit.
$BTC
$SAIL.US
$MICC.US
#MichaelSaylor
