Michael Saylor hints at Strategy’s 100th Bitcoin purchase

Michael Saylor hints at another Bitcoin buy by Strategy, which holds 717,131 BTC at an average cost above market price. Markets await news of the company's 100th Bitcoin purchase.

Michael Saylor has once again hinted at a potential new Bitcoin purchase by Strategy, sharing updates to the 'Bitcoin Tracker' and referencing the term 'orange century' in recent posts. Historically, such signals have often preceded official announcements of Bitcoin acquisitions. Currently, Strategy holds 717,131 BTC, acquired at an average price of approximately $76,000 per coin. With the current market price below this level, the company faces significant unrealized losses. Despite this, Strategy continues its accumulation approach, recently adding 2,486 BTC for $168.4 million on February 17. The market now anticipates the possible announcement of Strategy's 100th Bitcoin purchase, as Saylor's posts frequently foreshadow such disclosures. The company's steadfast commitment to Bitcoin remains central to its corporate strategy, even amid notable volatility and declines in both Bitcoin and Strategy shares. Saylor remains optimistic, expecting the current downturn to be milder and shorter than previous cycles.