According to Michael Saylor on June 14, Strategy Inc. (Nasdaq: MSTR) Executive Chairman posted the company's familiar orange-dot chart, renewing speculation about an imminent bitcoin purchase announcement. Strategy's latest holdings reached 845,256 BTC accumulated across 111 purchase events, with its bitcoin reserve valued near $54.36 billion and an average BTC purchase price of $75,682, above the current BTC price of $64,329.
The post came after Strategy reversed a rare BTC sale of 32 BTC with a larger follow-up purchase of 1,550 BTC for about $101 million one week later. Saylor also highlighted bitcoin ownership among major tech companies after SpaceX's IPO debut, noting that 25% of the "Mag8" now holds bitcoin on the balance sheet.