Michael Saylor may be preparing for yet another Bitcoin buy. The Strategy executive chairman stirred speculation after posting “Send more Orange” on X—his trademark hint before announcing Bitcoin purchases. This post came shortly after the company closed a $1B stock offering via preferred shares, designed to appeal to yield-focused investors.
Just last week, Strategy acquired 705 BTC for $75M, adding to its already massive stack of 580,955 BTC—now worth around $61.4B. Data from SaylorTracker indicates the company is up nearly 50% on its Bitcoin holdings, with an unrealized profit of $20.6B.
Conclusion:
Michael Saylor continues to double down on Bitcoin, blending stock raises with BTC buys. His “Send more Orange” signal may mean another record-breaking move is imminent.
Takeaways:
Saylor hints at more BTC buys via X post
Strategy raised $1B through preferred stock
Holdings now exceed $61.4B in BTC
Company is up 50%, gaining $20.6B unrealized
Source: Cointelegraph
