Bitcoin May Be This Week’s Big Story As Saylor Teases Fresh Buy

Michael Saylor's cryptic tweet about "orange" in November sparked speculation of another Bitcoin purchase by Strategy. The tweet echoed past posts using orange imagery to signal Bitcoin moves. Market observers interpreted it as a potential 13th consecutive purchase by Strategy. Strategy currently holds approximately 640,808 BTC with an average cost basis around $74,302. Their last disclosed acquisition was 390 BTC, estimated at about $43 million. Traders have reacted with immediate buying and selling based on speculation of future purchases. Strategy's filings and on-chain activity are crucial for confirming actual Bitcoin buys. Corporate accumulation often boosts market sentiment while raising volatility for short-term traders. Regulatory filings, company updates, and on-chain transfers are the key indicators to watch for.