Michael Saylor recently provided another update regarding Bitcoin, suggesting that his company might be planning to expand its BTC holdings.
The founder of Strategy briefly posted the phrase “a bigger orange” on social media. In this context, “orange” symbolizes Bitcoin acquisitions. Due to its resemblance to previous announcements, the market interpreted this cryptic message as a signal of an upcoming Bitcoin purchase.
Reviewing Saylor’s earlier communications shows that Strategy usually discloses new BTC purchases publicly one day after completing them.
Current figures indicate that Strategy holds 687,410 BTC in its portfolio. The total value of these reserves is estimated at around $65.24 billion, with an average acquisition price near $75,353 per coin. Presently, the company’s Bitcoin investment reflects a gain close to 25.95%, translating into unrealized profits exceeding $13.4 billion. To date, Strategy has executed 94 separate purchases.
A notable trend emerges when analyzing performance over the last year: while leading tech firms and stock indices have experienced growth, both Bitcoin and shares of Strategy have underperformed significantly. For instance, companies like Alphabet, NVIDIA, and Apple achieved double-digit percentage gains during this period; meanwhile Bitcoin declined by roughly 6%, and Strategy’s stock value dropped by 56%.
This content does not constitute financial advice.