Michael Saylor Hints at New Bitcoin Purchase With “Back to Orange Dots?” Post

Michael Saylor sparks talk of another Bitcoin purchase by sharing the StrategyTracker Chart, showing the Strategy’s long history of buying Bitcoin across different market cycles.

Saylor shared the image with the caption “Back to Orange Dots?”, indicating that another round of Bitcoin buying may be forthcoming. Each orange dot represents a confirmed purchase, and he often posts this tracker just before Strategy announces new additions to its reserves.

The chart shows that Strategy is holding 650,000 BTC valued at $57.8 billion, with an average purchase price of $74,436, and highlights 88 past purchase events,  revealing a consistent buying pattern.

Saylor has repeatedly called Bitcoin superior to traditional stores of value, so his company’s actions continue to influence both institutional and retail sentiment.

Corporate Bitcoin Holdings Rise as Firms Follow Strategy’s Lead

New data on corporate Bitcoin holdings shows that eight public companies added to their Bitcoin holdings in the past week, bringing the total for the top 100 public firms to 1,059,453 BTC.

Notable companies include Bitdeer, BitFuFu, Hyperscale Data, Genius Group, and Bitcoin Hodl Co. This trend reflects broader activity from whales and institutions increasing their Bitcoin reserves recently.

These inflows show that corporate entities are continuing to build their Bitcoin reserves regardless of market conditions. 

Bitcoin Faces Miner Stress while Holders Take Losses

While corporate accumulation continues, new blockchain data shows growing pressure on Bitcoin. Glassnode charts shared by Bitcoin Archive indicate the Hash Ribbon is bearish again, meaning miners are under stress and some may be shutting down.

At the same time, the short-term NUPL has dropped below zero, showing that recent buyers are holding Bitcoin at a loss. Bitcoin Archive notes that this situation often appears near major market bottoms.

Traders are watching to see if this pressure will lead to a stronger bounce. This overall weakness reflects earlier signs of Bitcoin slowing down ahead of the FOMC decision.