Michael Saylor, executive chairman of MicroStrategy, launched a mysterious and revealing tweet: “Send more Orange”. In the crypto world jargon, “orange” is not a random message: it is the emblematic color of Bitcoin. This fiery phrase suggests a substantial new acquisition of BTC by MicroStrategy.
📊 What does this movement imply?
This tweet comes shortly after the firm announced a $1 billion stock issuance to finance its BTC purchase.
MicroStrategy recently acquired 705 BTC for $75 million, raising its total treasury to 580,955 BTC.
Historically, Saylor's tweets precede announcements of BTC purchases. In his latest streak, the company bought every week for nine consecutive weeks.
🌍 Market impact
1. Reinforced institutional sentiment:
Analysts highlight that the tweet reinforces the bullish outlook on Bitcoin for 2025.
2. Rising volumes on exchanges:
Data indicates increases of over 18% in BTC trading volume on platforms like Binance after similar posts.
3. Correlation in the stock market:
MicroStrategy's (MSTR) shares often replicate BTC rises, attracting joint attention from crypto and stock traders.
