MicroStrategy founder Michael Saylor recently retweeted his company's "Saylor Tracker" data, sparking market speculation about a possible new Bitcoin purchase signal.
Saylor used the phrase "extend the orange dot" on social media, which investors interpreted as a signal that the company may soon announce a new Bitcoin purchase. In the chart shared by Saylor, the orange dots represent MicroStrategy's Bitcoin purchase history.
Previously, MicroStrategy has typically announced Bitcoin purchases shortly after similar hints.
According to data, MicroStrategy's Bitcoin reserves are valued at approximately $53 billion. The company's total holdings are 738,731 BTC, with an average purchase cost of $75,863. At current market prices, the company's portfolio shows an unrealized loss of approximately 5.42%, with a value loss of approximately $3.04 billion.
To date, MicroStrategy has recorded a total of 102 Bitcoin purchases. The most recent transaction occurred on Monday, when the company purchased 17,994 BTC at an average price of $70,946, totaling approximately $1.28 billion. Following this transaction, the company's total Bitcoin holdings increased to 738,731 BTC.