Michael Saylor, once again sharing an update on Bitcoin, hinted that the company may be preparing to increase its BTC holdings.
Strategy founder Saylor used only the phrase “a bigger orange” in a social media post. The word orange represents BTC purchases. This short message, due to its similarity to past posts, was interpreted in the market as a harbinger of a new Bitcoin purchase.
An examination of Saylor’s past posts reveals that Strategy typically announces its BTC purchases publicly a day after receiving relevant information.
According to the latest data, Strategy’s current BTC portfolio stands at 687,410 BTC. Its total reserve value is estimated at approximately $65.24 billion, with an average purchase cost of $75,353. Based on current data, the company’s Bitcoin investment is showing a profit of approximately 25.95%, indicating over $13.4 billion in unrealized earnings. The company has completed 94 separate purchases to date.
A striking picture emerges when comparing performance over the past year. While major technology companies and indices have seen gains, BTC and Strategy shares have lagged behind. During the same period, giants like Alphabet, NVIDIA, and Apple recorded double-digit increases, while Bitcoin fell by approximately 6% and Strategy shares lost 56% of their value.
*This is not investment advice.