Michael Saylor Signals Return to Bitcoin Buying After Three-Week Pause
Michael Saylor has indicated that Strategy is preparing to resume its Bitcoin acquisition campaign, posting the firm's signature "Orange Dots" purchase chart to social media on Sunday, June 7. Alongside the chart, which plots the company's BTC purchase activity and has historically preceded public disclosure of new acquisitions, Saylor wrote, "A good time to add more dots."
The post follows a three-week pause in Strategy's Bitcoin buying activity, the longest such interval in recent months. Saylor had hinted at the upcoming resumption earlier in the week, posting the message "₿ack to Work" on June 3 — a play on the Bitcoin symbol that arrived ahead of his typical Sunday update. Strategy generally files its 8-K disclosures on Mondays to formally announce new acquisitions.
The signal to resume buying comes after Strategy disclosed an unexpected sale of a portion of its $BTC holdings. According to an SEC filing, the company sold 32 BTC between May 26 and 31 for roughly $2.5 million. The disclosure marked a rare departure from Strategy's pattern of consistent accumulation, though the company's overall holdings remain substantially larger than the amount sold.
Saylor's renewed activity on social media has been closely tracked by market participants, who view the "Orange Dots" chart and his accompanying messages as reliable indicators of impending 8-K filings. The June 7 post is being read as direct confirmation that Strategy is preparing to add to its Bitcoin position after the three-week hiatus.
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