Even More Orange: Saylor Sees Bitcoin Bull Run, Hints at More Buying

Michael Saylor hinted at another Strategy bitcoin purchase after declaring that a new bitcoin bull market was beginning. His latest orange-themed chart showed 848,517 BTC valued at approximately $66 billion, following a week without acquisitions. Strategy Inc. (Nasdaq: MSTR) Founder and Executive Chairman Michael Saylor signaled a potential expansion of the company’s bitcoin treasury on Nov. 1. Sharing a chart of its acquisition history on X, he stated: “We found room for even more orange.” His latest bitcoin buying hint accompanied a graphic displaying 848,517 BTC, valued at approximately $66 billion. Orange circles marked purchases against bitcoin’s price history, while a separate line tracked the average acquisition price. The graphic listed 119 purchase events and an average cost of $75,446 per coin.

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