Saylor’s orange-dot chart fuels speculation of bitcoin buy
Michael Saylor posted Strategy Inc.’s orange-dot chart showing 845,256 BTC, renewing speculation after a 32 BTC sale and a 1,550 BTC purchase reported last week.
On June 14, Michael Saylor posted Strategy Inc.’s orange-dot dashboard showing the firm holds 845,256 bitcoin across 111 purchase events, with the reserve valued near $54.36 billion. The chart listed an average purchase price of $75,682 per coin, above the spot price of about $64,329 at the time. Saylor added the comment “Still adding dots.”
The post followed recent treasury activity. Strategy sold 32 BTC to fund preferred-stock dividend payments, the company’s first reported bitcoin sale since 2022. About a week later the company bought 1,550 BTC for roughly $101 million. The 1,550 BTC purchase was more than 48 times the amount sold and increased the firm’s holdings to 845,256 BTC.
Shareholders approved changing STRC preferred-stock dividend payments from monthly to semi-monthly, with the first record date set for June 30. Chief Executive Phong Le described the timing change as intended to improve liquidity and give holders greater flexibility to reinvest dividends. Strategy cited the preferred dividend payments as the reason for the 32 BTC disposal.
In a separate post, Saylor congratulated Elon Musk and $SPCX on SpaceX’s public listing and wrote “Thanks to you, 25% of the Mag8 now holds bitcoin on the balance sheet.” He also linked the CLARITY Act to clearer rules that could support markets for bitcoin, Strategy’s common stock (MSTR) and its preferred shares (STRC).
Saylor has previously posted the orange-dot dashboard ahead of disclosed bitcoin purchases. The June 14 chart and comments did not include a formal announcement of an additional purchase.
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