Michael Saylor has hinted that Strategy may be buying more Bitcoin this week. He took to social media and shared a cryptic post, which sparked speculations around the company continuing its BTC acquisition spree.
Michael Saylor Teases Another Bitcoin Buy
Michael Saylor shared the “Orange Dots” chart on X on Sunday, June 14. Strategy’s Executive Chairman shared the caption, “Still adding dots.” This phrase is commonly interpreted by crypto traders as an indicator of new BTC buys.
The chart shows the number of Bitcoin purchases that Strategy has made over the years, each marked with an orange dot. For context, Saylor’s weekend posts have accompanied this chart on several occasions ahead of official buying announcements. This is why the latest message has spurred optimism in the market today.
When a user asked if the buying sign was a “delusion or conviction,” Saylor responded, “Conviction.” His statement seemingly confirms Strategy buying BTC this week.
Still adding dots. pic.twitter.com/MXVOYPUnYb
— Michael Saylor (@saylor) June 14, 2026
The update follows Strategy’s latest announcement of a $101 million BTC acquisition a week ago. A company has reportedly closed on the acquisition at an average price of $65,332 per Bitcoin amid the market’s pullback. Ahead of this purchase as well, Michael Saylor had shared the “Orange Dots” post.
Following the deal, Strategy’s Bitcoin holdings rose to 845,256 BTC worth $54.36 billion. The company also announced in an 8-K filing that its cash reserve rose by $100 million to $1 billion.
Will Strategy Ever Be “Forced” To Sell Its BTC Stash?
The buying signal comes as there is increasing talk about whether Strategy may have to sell some of its BTC holdings under financial stress. In an interview with crypto analyst Scott Melker, Strategy’s CEO Phong Le discussed the company’s preferred stock commitments and convertible debt.
“The most realistic scenario of us being a forced seller of Bitcoin is we have about $3.5 billion of preferreds that come due 2028,” Le remarked.
He added, “If at that point in time Bitcoin has lost a significant amount of its value, our share price is depressed, we would sell the Bitcoin actually to satisfy the converts.”
However, he noted that this scenario is an “edge case.” He suggested that refinancing or turning the liabilities into equity may still be viable alternative ways instead of selling Bitcoin.
