Michael Saylor Hints at Another Bitcoin Purchase by Strategy

Michael Saylor, executive chairman of Strategy, posted a message signaling another possible Bitcoin purchase, fueling speculation that the company may add to its holdings again.

The Block reported on June 28 that Saylor posted a chart of Strategy’s Bitcoin holdings on X and wrote, “We’re gonna need more charts.”

Saylor has previously posted the so-called orange-dot chart before Strategy disclosed additional Bitcoin purchases the next day. He did the same on June 7 and June 21, followed by announcements of fresh purchases on each occasion.

Based on the chart, the value of Strategy’s Bitcoin holdings stands at about $50.8 billion, compared with a total purchase cost of about $64.1 billion.

As of June 22, Strategy held 847,363 Bitcoin purchased at an average price of $75,646 each. With Bitcoin now trading around $60,000, the company’s unrealized loss is estimated at about $13 billion to $14 billion.