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Saylor hints at 848,000 Bitcoin reserve in expansion strategy
Strategy may be preparing for another Bitcoin purchase after Michael Saylor posted an orange-themed buying hint on X. The latest message came after a $28.7 million purchase, as the company balances cryptocurrency acquisitions with cash payment obligations to shareholders and creditors.
Another Bitcoin purchase could be imminent from Strategy Inc. (Nasdaq: MSTR), following a new signal from Executive Chairman Michael Saylor. On 11/10, he shared his latest hint about buying Bitcoin on X, along with a chart marking the previous purchases by the Bitcoin treasury company with orange circles. Saylor wrote: "There is always room for more orange."
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