Strategy co-founder and Executive Chairman Michael Saylor posted the company’s bitcoin acquisition tracker to X on Sunday morning with the caption, "Orange dots tell only part of the story," offering a less straightforward signal than his customary hints at another purchase.
Saylor’s Sunday tracker posts have frequently preceded Monday filings disclosing bitcoin acquisitions. Recent captions such as "A good time to add more dots" and "Looks better with more dots" preceded purchase disclosures, but the pattern has become less reliable: a June 28 post reading "We're gonna need more charts" was followed by a new capital framework rather than a buy, and the July 5 post preceded the largest sale in company history.
Michael Saylor's cryptic Sunday post, via X.
The post comes less than a week after Strategy disclosed the sale of 3,588 BTC for approximately $216 million, by far the largest bitcoin disposal in the company’s history. It sold 1,363 BTC for $80.8 million during the final two days of June and another 2,225 BTC for $135.2 million between July 1 and July 5.
The company said the proceeds were used to fund preferred-stock distributions and replenish the portion of its dollar reserve used for those payments. Strategy ended the period with 843,775 BTC acquired for an aggregate $63.69 billion, or an average of $75,476 per coin.
