Saylor Hints at New Strategy Bitcoin Buy With ‘Orange Dot’ Post
The post Saylor Hints at New Strategy Bitcoin Buy With ‘Orange Dot’ Post appeared on BitcoinEthereumNews.com.
Strategy chairman Michael Saylor hinted at a new Bitcoin purchase via social media. The firm currently holds 553,555 BTC worth over $52.8 billion. It has raised $84 billion to support further Bitcoin acquisitions. Michael Saylor might be gearing up for another Bitcoin shopping spree for MicroStrategy. In a post on X, Saylor shared a screenshot of Strategy’s Bitcoin portfolio tracker with the caption: “Too much blue, not enough orange.” Saylor Drops ‘Orange Dot’ Hint on X This cryptic message suggests the software firm may soon expand its already record-setting Bitcoin holdings. Notably, orange dots on the tracker represent each instance of Strategy buying Bitcoin. Strategy’s Massive Bitcoin Bet Deepens The company holds 553,555 BTC, worth approximately $52.8 billion, accounting for more than 2% of Bitcoin’s circulating supply. Saylor’s remark indicates plans to increase that total. Notably, similar posts in the past have often preceded Bitcoin acquisitions, typically announced on Mondays. Related: Michael Saylor, Arthur Hayes Bet On Bitcoin Price Crossing $1 Million, But Why Are Crypto Traders Flocking To This Hidden Altcoin? Just last week, Strategy acquired 15,355 BTC for roughly $1.42 billion at an average price of $92,737 per coin. The move aligned with the firm’s aggressive accumulation strategy. The company also reported a “BTC Yield” of 11% in the first quarter of 2025, raising its year-end target to 25%. BTC Yield measures the growth in Bitcoin ownership per share of company stock and reflects how effectively Strategy converts investor capital into digital asset holdings. Funding the Next Bitcoin Buy: Capital Raise Doubles To support its ongoing buying streak, Strategy has doubled its capital-raising target to $84 billion. The firm plans to raise $42 billion through equity sales and fixed-income securities. According to the public statements, the funds will be directed toward acquiring more Bitcoin. This expanded war chest…
Filed under: News - @ May 6, 2025 3:23 am