Strategy Bitcoin Buying May Restart After Two-Week Pause

Strategy’s bitcoin acquisition could resume after a two-week break, according to a new message from Michael Saylor. Indeed, the company’s executive chairman broadcast the group’s purchase chart with a reference to the orange color, however no transaction is yet confirmed.

In Brief

Strategy’s Bitcoin purchase remains a mere signal

On September 20, Michael Saylor posted the chart showing the bitcoin acquisitions made by Strategy. His message was limited to four words: “a little more orange“, meaning “a bit more orange”. Each orange dot on the document represents a purchase made by the company.

Such a publication is similar to previous clues released by Saylor before an official communication. However, it does not prove that a transaction has already occurred. Only a new form filed with the SEC will confirm the number of bitcoins purchased, the amount spent, and the average price paid.