Michael Saylor drops hint of another Bitcoin buy after $1.25B purchase
Michael Saylor has once again teased that MicroStrategy may be adding more Bitcoin to its treasury — just days after the company snapped up 13,627 BTC for about $1.25 billion.
On Sunday the MicroStrategy chairman posted “Bigger Orange” on X, attaching a StrategyTracker chart that highlights prior corporate purchases. The color orange — long associated with Bitcoin — is a recurring visual cue in Saylor’s social updates, and market watchers often interpret these cryptic posts as advance signs of fresh acquisitions. In past cycles, similar teasers have preceded confirmed buys.
A look at MicroStrategy’s early-2026 buying spree
- Jan. 4: MicroStrategy bought 1,283 BTC for roughly $115.97 million.
- Jan. 11: The company completed a much larger purchase of 13,627 BTC for about $1.25 billion.
Those additions lift MicroStrategy’s reported holdings to roughly 687,410 BTC, with a stated average acquisition cost of about $75,353 per coin — equal to roughly 3.27% of the 21 million BTC capped supply.
Shareholder pressures and financing questions
Despite aggressive accumulation, MicroStrategy’s stock has underperformed. As of the Jan. 16 close the shares were $173.71, more than 52% below their level a year earlier. Investor unease built in late 2025 around the company’s strategy of issuing convertible notes and other short-term debt to fund Bitcoin purchases. That prompted MicroStrategy to briefly pause buying in late December and raise fresh equity to shore up cash reserves.
Another flashpoint came when index provider MSCI signaled it might exclude firms with heavy Bitcoin exposure — a move that would have affected MicroStrategy’s index inclusion. Those plans were later dropped, easing some investor fears and helping the stock recover from a year-to-date low of $150 — a support level crypto.news analysts warn could herald deeper losses if broken.
Outlook
Bitcoin itself remains below the six-figure threshold, leaving MicroStrategy exposed to price volatility. Still, Saylor has repeatedly maintained the company can weather market swings and continue its accumulation strategy if management chooses. For now, traders and crypto observers will be watching Saylor’s X feed closely for any confirmation that “Bigger Orange” turns into another sizeable buy.
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