The Anticipated Bitcoin Signal from Michael Saylor Has Finally Returned

Strategy founder Michael Saylor has raised expectations of a possible new $BTC purchase by reposting the “Bitcoin Tracker” chart, which the company uses to track its Bitcoin reserves. Saylor simply added the phrase “More orange” to his post. In Saylor’s past posts, the orange dots on the chart represented Strategy’s Bitcoin purchases, and similar posts have often been followed by official announcements of new $BTC purchases.

Therefore, the latest post is being interpreted as a sign that Strategy may have increased its Bitcoin holdings again. However, the company has not made any official statement regarding a new purchase as of today.

Strategy’s current Bitcoin reserve stands at 845,050 $BTC. The company’s total cost for these Bitcoins is approximately $63.58 billion, with an average purchase price of $75,412. Based on current prices, the total value of the reserves is estimated to be approximately $68.03 billion.

Strategy resumed Bitcoin purchases at the end of August after a break of approximately two months, acquiring 4,603 $BTC for approximately $369.7 million at an average price of $80,382. This transaction increased the company’s total reserve to 845,050 $BTC.

*This is not investment advice.