Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), posted a Bitcoin tracker showing $52.8 billion in holdings (863,655 BTC) as of May 4, 2025, with his comment "Too much blue, not enough orange" hinting at plans to buy more Bitcoin, as orange dots on the tracker represent past purchases.
Strategy has been aggressively accumulating Bitcoin since August 2020, growing from 21,454 BTC to 553,555 BTC by April 28, 2025, at an average price of $66,384 per BTC, making it the largest corporate Bitcoin holder globally, surpassing even the U.S. government.
Saylor’s statement aligns with Strategy’s historical pattern of announcing Bitcoin purchases shortly after such posts, with speculations on X ranging from $800 million to $84 billion in new buys, potentially impacting Bitcoin’s price, which has risen 956% over the past five years compared to Strategy’s stock surge of 2,758%.
