Michael Saylor “Needs More Orange,” Hints At Next Bitcoin Purchase

Michael Saylor “Needs More Orange,” Hints At Next Bitcoin Purchase
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Strategy Executive Chairman Michael Saylor has hinted at his plans to buy additional Bitcoin, tweeting “Needs more Orange” alongside a screenshot of the company’s Bitcoin holdings tracker.
The tracker shows Strategy currently holds 499,226 BTC valued at approximately $42.47 billion.
The current holdings show a 28.15% unrealized gain of $9.33 billion on the company’s initial investment.
This hint at further Bitcoin purchases aligns with Strategy’s recently announced financing efforts.

Source: X

New Preferred Stock Offering to Fuel Bitcoin Acquisitions
Strategy has announced a new financing round to support its ongoing Bitcoin purchasing strategy.
On March 20, 2025, the company priced an offering of 8,500,000 shares of “10.00% Series A Perpetual Strife Preferred Stock” at $85.00 per share, with settlement scheduled for March 25, 2025, subject to standard closing conditions.
The offering is expected to generate approximately $711.2 million in net proceeds af

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