Michael Saylor has sparked market speculation regarding a potential new buying opportunity by sharing insights from his firm’s “Saylor Tracker,” which keeps tabs on Bitcoin assets.
The founder of the strategy hinted at an impending announcement of a Bitcoin acquisition in a social media update, using the phrase “extend the orange dot.” Investors interpreted this as an indication that his company might soon reveal plans for another Bitcoin purchase. The chart he shared features orange dots that signify $BTC acquisitions.
Historically, this company tends to announce its Bitcoin purchases shortly after similar disclosures are made.
The data indicates that Strategy’s Bitcoin reserves are valued at around $53 billion. Their total holdings amount to 738,731 $BTC, with an average acquisition cost of $75,863. Given current market conditions, their portfolio reflects an unrealized loss nearing 5.42%, equating to roughly $3.04 billion in lost value.
To date, Strategy has documented a cumulative total of 102 transactions involving Bitcoin purchases. The latest transaction occurred last Monday when the firm acquired 17,994 $BTC at an average price of $70,946—totaling about $1.28 billion. Following this buy-in, their overall holdings increased to 738,731 $BTC.
*This is not investment advice.