Strategy hints at new Bitcoin buy after weekend sell-off

[chainsniff]

Strategy co-founder and executive chairman Michael Saylor has hinted that the company may have added to its Bitcoin holdings following a sharp market pullback over the weekend. Bitcoin fell more than 13%, briefly pushing Strategy’s massive BTC position into the red.

Saylor posted “More Orange” on X on Sunday, alongside a chart tracking Strategy’s Bitcoin purchases since August 2020 — a post he has historically used to signal new or upcoming buys. If confirmed, it would mark Strategy’s fifth Bitcoin purchase this year.

The firm remains the world’s largest corporate Bitcoin holder, managing more than 712,000 BTC valued at roughly $55 billion.

[ed]

saylor playing the classic “more orange” game again. at this point, his tweets are basically buy signals for anyone watching.