Michael Saylor Teases New Bitcoin (BTC) Buy With 'Even More Orange' Chart

Saylor's 'Even more orange' chart hints at a new Strategy Bitcoin (BTC) buy, after last week's 950 BTC purchase lifted holdings to 846,000 coins.

(08:30 PM UTC)
4 min read
AI SummaryAI
  • Michael Saylor posted an 'Even more orange' Bitcoin (BTC) chart on Sunday, a pattern that has preceded purchase disclosures.
  • Strategy disclosed a 950 BTC purchase worth about $76 million at $79,670 per coin last week.
  • Strategy's total Bitcoin holdings reached roughly 846,000 BTC after the 950-coin purchase.
  • Strategy's ledger lists four sales totaling 6,916 BTC between June 30 and August 10.
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Saylor Drops Fresh 'Orange' Signal

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), posted a new what Bitcoin (BTC) is chart on Sunday with the caption “Even more orange,” renewing speculation that the largest corporate holder of the asset is preparing another purchase. In Strategy's communication pattern, these graphics operate as semi-coded disclosure: each orange dot on Saylor's chart marks one buy, larger dots denote larger acquisitions, and posts of this kind have typically appeared about a day before the company files paperwork with US regulators confirming a fresh position. Those confirmations, in turn, land on Mondays as a matter of routine. The Sunday graphic — Saylor's chart post on X — carries exactly that profile, and our desk reads it as a strong lean toward a disclosure rather than idle art. That said, the teaser is not a guarantee: history shows the signal can appear without follow-through, which is why traders typically withhold judgment until the Monday filing actually arrives. For anyone tracking Bitcoin market coverage, the sequence matters because Strategy's cadence effectively sets the reference point for how institutional-scale accumulation is telegraphed and then confirmed.

Last Week's 950 BTC Precedent

The most recent precedent is instructive. Last Sunday, Saylor posted a near-identical chart captioned “A little more orange,” and the following day Strategy's ledger disclosed a purchase of 950 BTC worth roughly $76 million — an average of $79,670 per coin — lifting total holdings to about 846,000 BTC. That scale of accumulation is what separates this corporate whale from ordinary treasury buyers. Yet the signal is not deterministic: the week before, a regulatory filing on SEC EDGAR showed Strategy neither bought nor sold any Bitcoin. The company's own ledger also lists four sales between June 30 and August 10 totaling 6,916 BTC, evidence that its position management runs in both directions. Last week it separately spent $174 million buying back STRC, a preferred share that pays holders a monthly dividend — more than double what it spent on Bitcoin. With the market price sitting about 13% above Strategy's average cost basis of roughly $75,416 per coin (versus just 2% earlier this month), the economics of accumulation have turned favorable again. Saylor has framed such buying around his $100 trillion Bitcoin vision, and treasury discipline echoes moves like Riot Platforms' $200 million loan repayment, which freed 5,821 BTC.

Epstein Files Reveal 2013 Bitcoin Email

A separate disclosure thread underscores how long these debates about digital money have run. Documents published in the US Department of Justice's Epstein Library show Jeffrey Epstein — the American financier who died in custody in 2019 — was examining Bitcoin as early as January 2013. According to DigitalAsset, which reviewed the release, Epstein wrote to cryptographer Whitfield Diffie on January 31, 2013 that Bitcoin had “an interesting element,” while judging the early figures around it “more anarchistic than realistic.” He sketched a digital-currency design: anonymous to some users yet transparent to others, with serial numbers attached to every unit, transaction records held by the government as issuer, taxes collected directly at the point of transaction, and any money-supply expansion verifiable by anyone. Diffie replied that digital currency was a “natural evolution,” though he noted that without an anonymity requirement conventional payment-security technology could suffice. The documents confirm no such system was ever built or commercialized by Epstein — but they do show he was dissecting Bitcoin's properties, from anonymity to taxation and state oversight of transaction records, in the asset's earliest years. Readers tracking the market in real time can follow live spot and futures prices on MEXC.

Monday Filing and $84K Structure in Focus

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the nearest support at $84,084 at 78/100 (STRONG), driven by Ichimoku Tenkan, Fibo 0.114 and the MACD cross, with the $77,072 shelf behind it scoring 74/100 from the SMA 50, Fibo 0.382 and a flip of resistance into support. Spot trades at $84,592, up 0.59% over 24 hours, with RSI at 65.42, a bullish MACD and an uptrend intact — consistent with the recent recovery toward $85K. Derivatives positioning reads mildly long: funding at 0.0020%, open interest near $15.9 billion, and a long/short account ratio of 1.27 (56% long), while Fear & Greed sits at 70 (Greed). The bullish scenario is a Monday buy disclosure plus a hold of $84,084, opening the moderate $95,445 resistance (45/100); a daily close below $84,084 would invalidate it, favoring a grind toward the HODL-era base at $77,072.

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