Saylor hints at bigger Bitcoin buy as Strategy nears 700K BTC

Strategy founder Michael Saylor fuelled speculation of another major Bitcoin purchase with a cryptic “₿igger Orange” post on X.

Saylor shared an image of the company’s Bitcoin purchase tracker without disclosing transaction details.

The post echoed a similar “₿ig Orange” teaser shared a week earlier that preceded a confirmed Bitcoin acquisition.

Following the earlier hint, Strategy announced the purchase of 13,627 Bitcoin for $1.25 billion.

The company paid an average price of $91,519 per Bitcoin for the previous acquisition.

Strategy currently holds 687,410 Bitcoin valued at more than $65 billion.The firm has spent a total of $51.8 billion on Bitcoin purchases since its first acquisition.

Strategy’s average cost per Bitcoin stands at $75,353, according to company data.

The company’s market net asset value was reported at 1.07, indicating a slight premium to its Bitcoin holdings.

Strategy’s shares have risen 12.37% year to date despite remaining sharply lower over the past six months.

Market observers expect further details to be disclosed at 8 a.m. Eastern on Monday.

A purchase exceeding the previous 13,627 Bitcoin buy would push Strategy beyond the 700,000 Bitcoin milestone.

At the time of reporting, Bitcoin price was $92,710.48.