Michael Saylor Hints at Potential New Bitcoin Purchase for MicroStrategy

MicroStrategy executive chairman Michael Saylor posted a chart on Sunday captioned “Even more orange,” a signal often preceding the company’s Bitcoin purchase announcements. While similar posts have historically preceded acquisitions, such as the 950 BTC purchase reported last week, the signal does not guarantee a buy. MicroStrategy currently holds 846,000 BTC, with its average cost per coin at approximately $75,416. The market is awaiting a regulatory filing to confirm if the company has resumed its steady accumulation strategy.