Michael Saylor hints at more Bitcoin buys as Strategy holds 848,250 BTC

Michael Saylor has hinted at another Bitcoin purchase for Strategy after the company reported holdings of 848,250 BTC, acquired for approximately $64 billion, in its latest weekly disclosure. In an October 18 post on X , the Strategy co-founder wrote, “We found room for more orange,” alongside a chart showing the company’s Bitcoin buying history. The message suggested further accumulation but did not disclose a transaction amount, purchase date or confirmation of an executed trade. Strategy’s latest official report, released October 12, showed that the company had purchased 250 BTC for 21.5millionduringtheweekendingOctober11.Ithadspentconsiderablymore—192.4 million—buying back its STRC preferred shares during the same period. Bitcoin was trading near $81,000 on October 18, according to CoinGecko, placing the market price above Strategy’s reported average Bitcoin acquisition cost of $75,444.

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