Strategy Founder and Major Bull Michael Saylor Has Issued the Anticipated Weekly Bitcoin Signal

Michael Saylor has fueled speculation in the market about a possible new buy signal by reposting data from his company’s “Saylor Tracker,” which monitors Bitcoin holdings.

Strategy founder Saylor, in a social media post, used the phrase “extend the orange dot,” which investors interpreted as a sign that the company may soon announce a new Bitcoin purchase. In the chart shared by Saylor, the orange dots represent $BTC purchases.

In the past, the company is known to announce Bitcoin purchases shortly after similar announcements.

According to the data, Strategy’s Bitcoin reserves are worth approximately $53 billion. The company’s total holdings are calculated at 738,731 $BTC, with an average purchase cost of $75,863. Based on current market prices, the company’s portfolio shows an unrealized loss of approximately 5.42%, indicating a loss in value of approximately $3.04 billion.

Strategy has recorded a total of 102 Bitcoin purchases to date. The most recent transaction took place last Monday, when the company bought 17,994 $BTC at an average price of $70,946, totaling approximately $1.28 billion. Following this transaction, the company’s total Bitcoin holdings rose to 738,731 $BTC.

*This is not investment advice.