Michael Saylor, the head of Strategy (formerly MicroStrategy), has people talking again. He recently posted a mysterious message on X (formerly Twitter) that seems to suggest his company is getting ready to buy more Bitcoin.
His post was short but interesting:
“Needs even more Orange.”
The “orange” likely refers to Bitcoin, since it’s often linked to the color. This has led many in the crypto community to believe Strategy might be planning another big Bitcoin purchase.
Strategy’s Massive Bitcoin Holdings
Since September 2020, Strategy has been buying Bitcoin regularly. Today, it holds over $42 billion worth of Bitcoin, making it the largest company holding BTC.
Their first purchase was 21,454 BTC for $250 million in August 2020. The latest was on March 17, 2025, when they bought 130 more Bitcoin for $10.7 million, paying about $82,981 per coin.
Big Bitcoin Transfer Raises Questions
Adding to the speculation, blockchain tracking platform Onchain Lens reported that on March 30, 2025, Strategy moved 7,383 BTC (worth $612.9 million) to new wallets.
“Strategy transferred 7,383.25 BTC worth $612.92M to three new addresses,” Onchain Lens reported.
Nobody knows exactly why they made this move, but some believe it could mean they’re preparing for another big buy.
Saylor’s Change of Heart on Bitcoin
Michael Saylor wasn’t always a fan of Bitcoin. In 2013, he predicted it would fail. But by 2020, he had completely changed his mind and became one of its biggest supporters.
Since then, he’s encouraged businesses and individuals to buy Bitcoin and hold it for the long run. His influence has helped push Bitcoin adoption forward. For example:
- Visa announced plans to let customers spend crypto at 70 million stores.
- Big banks like JPMorgan and Morgan Stanley started offering Bitcoin investment options to wealthy clients.
What’s Next for Strategy?
With Saylor hinting at another purchase, many believe Strategy will soon add even more Bitcoin to its reserves. If that happens, it could have a big impact on the crypto market.
One thing is certain—Saylor is more committed to Bitcoin than ever.
