Saylor Drops Another Orange Dot, Bitcoin Twitter Spirals Into Sherlock Mode ðŸŸ
Michael Saylor signaled over the weekend that Strategy may be adding to its Bitcoin hoard this week, posting the familiar "Orange Dots" tracker on X on Sunday, June 14, with the caption "Still adding dots." The chart, which logs every Bitcoin purchase Strategy has made, has preceded official acquisition announcements on multiple prior occasions, and the latest post reignited speculation that another 8-K filing is imminent.
The teaser arrived roughly a week after Strategy disclosed a $101 million Bitcoin acquisition executed at an average price of $65,332 per $BTC, a deal that lifted the company's total holdings to 845,256 BTC and boosted its cash reserve by $100 million to roughly $1 billion, according to a company 8-K filing. Saylor had also published an "Orange Dots" update before that purchase was confirmed, reinforcing the pattern traders now watch for.
Separately, Strategy CEO Phong Le addressed market chatter about whether the company could be compelled to sell part of its $BTC stash under financial stress in a recent interview with crypto analyst Scott Melker, though full details of his remarks were not immediately available. As of publication, Strategy had not filed a new 8-K or issued an official statement confirming a fresh Bitcoin purchase.
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