Key Figures:
- Total Holdings: 687,410 BTC
- Total Value: ~$63.2 billion (at current prices)
- Average Cost Basis: $75,353 per Bitcoin
- Recent Spend: $1.25 billion (Jan. 5–11)
MicroStrategy (MSTR) founder Michael Saylor is telegraphing yet another Bitcoin acquisition, just days after the software firm completed its largest purchase in six months.
In a post on X Sunday, Saylor shared a chart from MSTR-tracker SaylorTracker with the caption “₿igger Orange,” a signal he historically uses to pre-empt formal acquisition announcements. The post suggests the firm is preparing to deploy further capital despite Bitcoin (BTC) hovering near the $92,000 range.
The signal follows a massive week for the company. On Jan. 12, MicroStrategy disclosed it had acquired 13,627 BTC for approximately $1.25 billion at an average price of $91,519 per coin. The purchase was funded entirely through the sale of Class A common stock and preferred equity.
The aggressive accumulation cements MicroStrategy’s status as the largest corporate holder of Bitcoin, controlling over 3% of the total circulating supply. Despite the “Bigger Orange” tease implying imminent buying, MSTR shares have faced volatility, trading sideways as investors weigh the company’s deepening leverage against its massive crypto exposure.