The post Michael Saylor’s Strategy Bitcoin Purchase Under Leverage Pressure appeared on BitcoinEthereumNews.com.

Michael Saylor’s Strategy Bitcoin purchase is operating directly at its cost basis but is not facing forced liquidation. On February 1, 2026, Michael Saylor posted “More Orange” after BTC dropped over 13%, confirming Strategy’s fifth Bitcoin purchase of the year. The firm holds 712,647 BTC at an average cost of $76,037, while BTC trades near $78,000 after briefly dipping to $75,200–$75,500. Strategy’s leverage remains structurally stable because its debt is unsecured and long-dated. Most obligations cannot be enforced until 2027–2028, eliminating margin-call risk even if BTC stays below cost. With $2.25 billion in cash reserves, the company can cover dividends and interest for at least 2.5 years under current conditions. Is Michael Saylor’s ‘More Orange’ a confirmation? How to verify Yes, Michael Saylor’s “More Orange” has become an unofficial but highly reliable confirmation that Strategy is about to disclose a new Bitcoin acquisition. On Saylor’s Bitcoin inventory chart, each orange dot represents a discrete BTC purchase event. He typically posts cryptic phrases like this on weekends, followed by Form 8-K filings on Monday confirming the transaction. The symbolism is deliberate: orange represents Bitcoin, and the message signals that Strategy is accumulating rather than trading. This pattern has repeated across multiple buying cycles. How to verify SEC EDGAR – Form 8-K: the only definitive record of BTC amount, total spend, and average price. Investor Relations: official press releases. SaylorTracker and BitcoinTreasuries.net tracking Michael Saylor’s BTC holdings. BTC market context: price downturn and leverage flush framing The latest “More Orange” appeared during a sharp Bitcoin correction and a market-wide leverage flush. By Feb 2, 2026, BTC had fallen from October 2025 highs to $76k–$78k. source: tradingview Leverage cleansing (Jan 7–Feb 2, 2026): $5B+ liquidations in four days. $2.2B liquidated on Feb 1 when BTC briefly broke $76,000. Funding rates turned negative (-0.0051%),…

---

Filed under: News - @ February 2, 2026 4:12 am