Michael Saylor’s Bitcoin Signal Sparks Fresh Focus on Strategy’s $61B BTC Holdings

Strategy Executive Chairman Michael Saylor drew renewed attention from the crypto community on January 4 after an X post highlighted the company’s massive Bitcoin exposure. The post showed that Strategy’s Bitcoin portfolio is now valued at approximately $61.31 billion, reinforcing its position as the largest corporate holder of BTC and reigniting speculation around potential future purchases.

Saylor shared a cryptic message, “Orange or Green?”, alongside a chart tracking Strategy’s Bitcoin investments. This phrase has historically been used by Saylor ahead of officially disclosed Bitcoin purchases, although no new transaction was confirmed in this instance. The post nevertheless fueled market discussion, especially as Bitcoin continues to trade near key psychological levels.

According to regulatory disclosures, Strategy currently holds 672,497 BTC, acquired at an average price of $74,997 per Bitcoin. The company’s total acquisition cost stands at roughly $50.44 billion. With Bitcoin trading around $91,359 at press time, Strategy’s holdings are worth more than $61 billion, representing an unrealized gain of about 21.56%, or nearly $10.87 billion. These figures further underline the long-term conviction behind Saylor’s Bitcoin strategy.

Saylor also shared data from StrategyTracker.com, which visualizes the firm’s Bitcoin accumulation history. The chart reveals 91 separate Bitcoin purchase events over time, illustrating a consistent and methodical accumulation approach. This aligns with recent reports that Strategy acquired an additional 1,229 BTC for approximately $108.8 million between December 22 and 28, at an average purchase price of $88,568 per coin.

Meanwhile, broader market indicators suggest a potential shift in institutional Bitcoin demand. Analyst Ted noted on X that the Coinbase Bitcoin premium is beginning to recover. This metric, which measures the price difference between Bitcoin on Coinbase and other global exchanges, often rises when U.S.-based institutional buying increases. Ted added that Bitcoin’s recent performance resembled its weak fourth quarter in 2022, a period that was followed by a notable recovery, hinting at a possible repeat of history.