Strategy’s Saylor signals more bitcoin purchases after $1.25B splurge

Michael Saylor is again hinting at another bitcoin purchase by Strategy, days after the firm disclosed a $1.25 billion buy that pushed its holdings to more than 687,000 BTC.

In a post on X on Sunday, Saylor shared a screenshot from StrategyTracker showing bitcoin’s price alongside markers for the company’s past purchases, captioned “Bigger Orange.” Saylor has used similar posts in the past to signal an upcoming buy, typically ahead of a formal disclosure.

Strategy began the year with a $115.97 million purchase of 1,283 BTC on Jan. 4, then followed with a far larger buy of 13,627 BTC for $1.25 billion on Jan. 11.

The firm has added 14,910 BTC since the start of 2026, according to StrategyTracker.

The company now holds 687,410 BTC at an average purchase price of $75,353 per coin. With bitcoin trading around the low-$90,000s, the position remains in profit on paper.

Still, the trade has not been without pressure elsewhere.

Strategy’s shares have lagged over the past year, with the stock down sharply from prior highs. The company has funded purchases through a mix of capital-raising tools, including sales of convertible notes, a structure that can increase leverage while keeping cash costs relatively low.

Bitcoin trades just above $92,600 in Asian morning hours on Monday, down 2.6% in the past 24 hours as a U.S.-Europe tariff tussle weighed down risk assets.