Michael Saylor has hinted at another Bitcoin purchase as his company Strategy faces a growing unrealized loss on its massive crypto holdings.
Saylor posted “The Orange March Continues” on social media, a phrase often interpreted by investors as a signal of additional Bitcoin accumulation. The company has already acquired more than $2.9 billion worth of BTC this month alone.
However, recent market declines have pushed Strategy’s average purchase price (around $75,696 per Bitcoin) above current levels. With Bitcoin trading near $68,000, the firm’s holdings are now down over 10%.
The dip comes amid broader market volatility tied to geopolitical tensions and risk-off sentiment. Strategy’s stock has also fallen, reflecting pressure on corporate Bitcoin treasury models.
Despite the downturn, Saylor’s continued accumulation strategy suggests long-term conviction, reinforcing his stance that Bitcoin remains a core treasury asset.