The "orange dot" reappears! Michael Saylor hints that MicroStrategy may buy up Bitcoin againMichael Saylor, Executive Chairman of MicroStrategy and the most well-known corporate holder of Bitcoin, has once again sent a key signal on social media. He posted a chart tracking the company’s Bitcoin holdings with the caption “Back to orange dot?”, which has been widely interpreted by the market as a prelude to a new round of purchases. Currently, MicroStrategy holds a total of 650,000 Bitcoins, valued at approximately $57.8 billion, with an average cost of $74,436 per Bitcoin. Meanwhile, on-chain data shows that the hash ribbon indicator has turned bearish again, putting pressure on miners. The weekly report on public companies’ Bitcoin holdings shows that eight companies, including Cango Inc. and ABTC, increased their Bitcoin holdings last week. Saylor’s hint, coupled with continued institutional accumulation, provides a key psychological and data anchor for investors to judge the market bottom in the context of overall market pressure.
MarketWhisper·2025-12-08 02:46