Michael Saylor's orange post points to possible Strategy Bitcoin purchase

  • Michael Saylor reposted Strategy's Bitcoin Tracker chart with the phrase "More orange."
  • Strategy holds 845,050 BTC after buying 4,603 BTC for about $369.7 million.
  • Strategy has not officially announced a new Bitcoin purchase.

Strategy founder Michael Saylor reignited speculation over a new Bitcoin purchase by reposting the company's Bitcoin Tracker chart with the phrase "More orange." Orange markers on the chart have previously represented Strategy acquisitions and have often preceded formal purchase disclosures, but the company has not announced a new transaction. Strategy's confirmed holdings stand at 845,050 BTC following its late-August purchase of 4,603 BTC for about $369.7 million. The latest report values the reserve at about $68.03 billion and puts its total acquisition cost at approximately $63.58 billion, or $75,412 per Bitcoin. Earlier company information listed total costs of $63.73 billion as of Sept. 13. Strategy had reported no Bitcoin purchases or sales for two weeks after the Aug. 31 disclosure, while cash use for preferred-share repurchases had constrained its available purchasing capacity.

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