Saylor Dots Another Orange: Strategy Snaps Up 1,550 BTC for $101M 🧡
Strategy, the business intelligence firm led by Executive Chairman Michael Saylor, has resumed its Bitcoin acquisition program after a three-week pause, purchasing 1,550 BTC for approximately $101 million at an average price of $65,161 per coin. The company disclosed the acquisition in an 8-K filing and on social media, lifting its total holdings to 845,256 BTC.
Alongside the purchase, Strategy increased its USD reserves by $100 million to $1.0 billion, a move the filing links to supporting STRC dividend obligations. The buy follows Saylor's weekend post on X featuring Strategy's Orange Dots chart, where he wrote that it was a "good time to add more dots." The acquisition also comes after the firm sold 32 BTC last week, a transaction that drew attention given its long-standing accumulation strategy.
On-chain data from Alphractal shows Bitcoin's Long-Term Holder MVRV ratio at 1.26, a level that historically has coincided with extended periods of modest unrealized profits for that cohort. Bitcoin was trading near $63,000 at press time, with the Relative Strength Index in oversold territory and the MACD remaining negative.
Separately, whale activity around the $60,000 zone has intensified. AMBCrypto reported that one large holder acquired BTC near $59,700 before transferring it to Binance, a flow analysts note can add resistance to recovery attempts. Tickers referenced in company disclosures include $BTC, $MSTR and $STRC.
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