Saylor hints at more Bitcoin buying, with no deal confirmed

Michael Saylor suggested Strategy may buy more Bitcoin in an October 18 post, but the company has not confirmed a new transaction. Its latest reported holdings, 848,250 BTC, cover purchases through October 11. Saylor, Strategy’s executive chairman, posted “We found room for more orange” on X alongside a chart of the company’s Bitcoin purchases. The post did not give a purchase amount or date, and did not establish that a trade had taken place. The October 12 filing remains the latest confirmed account of Strategy’s holdings in the supplied information. That filing reported that Strategy bought 250 BTC for about $21.5 million between October 5 and October 11, bringing its total to 848,250 BTC. The company said it had spent about $64 billion to acquire its holdings, an average of $75,444 per coin. The latest 250-coin purchase averaged $86,194 per BTC, including fees and expenses. Strategy also reported spending $192.4 million to repurchase 1,932,145 shares of its STRC preferred stock during the same week. The amount was substantially greater than its Bitcoin purchase spending. The filing reported $4.88 billion in a designated USD Reserve and $640.5 million in separate USD Cash...