Michael Saylor signals BTC buy as Strategy’s stack slips 10% into the red

Michael Saylor’s Bitcoin-holding company Strategy has already purchased more than $2.9 billion worth of the cryptocurrency this month.

Strategy executive chair Michael Saylor has hinted that his company bought more Bitcoin despite a market tumble over the weekend that has now pushed his company’s Bitcoin bet into a 10% loss. 

“The Orange March Continues,” Saylor posted to X on Sunday, alongside a chart showing Strategy’s roughly $52 billion worth of Bitcoin (BTC) purchases since August 2020. 

Saylor often posts the chart as a signal that his company has bought, or plans to buy more Bitcoin and it is often seen as a bullish signal for investors. 

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