Michael Saylor hints at more Bitcoin buys as Strategy holds 848,250 BTC

Michael Saylor has hinted at another Bitcoin purchase for Strategy after the company reported holdings of 848,250 BTC, acquired for approximately $64 billion, in its latest weekly disclosure. Summary Michael Saylor hinted at further Bitcoin accumulation, although Strategy has not confirmed another purchase this weekend. Strategy’s latest filing shows holdings of 848,250 BTC, acquired for approximately $64 billion including transaction costs. The company bought 250 Bitcoin for $21.5 million during the week ending October 11, its latest disclosure. Strategy spent $192.4 million buying back STRC shares, nearly nine times its weekly Bitcoin purchase expenditure. Bitcoin traded near $81,000 on October 18, keeping Strategy’s holdings above their reported average acquisition cost. In an October 18 post on X, the Strategy co-founder wrote, “We found room for more orange,” alongside a chart showing the company’s Bitcoin buying history. The message suggested further accumulation but did not disclose a transaction amount, purchase date or confirmation of an executed trade. Strategy’s latest official report, released October 12, showed that the company had purchased 250 BTC for 21.5millionduri...