Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase after the company raised additional capital this week through its latest preferred stock offering.
The executive posted the Sunday Bitcoin chart on X that signals another BTC acquisition the next day — when traditional financial markets open — with the playful message “needs more orange.”
According to SaylorTracker, the company’s most recent BTC acquisition occurred on March 17, when Strategy purchased 130 BTC, valued at $10.7 million, bringing its total holdings to 499,226 BTC.
Strategy’s total Bitcoin purchases. Source: SaylorTracker
Strategy’s March 17 BTC acquisition represents one of its smallest purchases on record and came after a two-week break in buying.
On March 21, the company announced the pricing of its latest tranche of preferred stock. The preferred