Michael Saylor, the Executive Chairman of Strategy (previously known as MicroStrategy), has dropped hints about a significant new accumulation phase for the company”s treasury. In a recent post on X, Saylor alluded to the return of the “Orange Dots,” which are the well-known visual markers on the firm”s tracking chart that indicate new Bitcoin purchase events.
As of January 2026, Strategy has firmly established itself as the largest corporate holder of digital assets. Following a series of aggressive acquisitions in late 2025, the firm”s total Bitcoin holdings have surged to a record high. Recent filings reveal that the company now possesses:
- Total Holdings: 673,783 BTC
- Total Value: ~$61.2 billion (based on current market prices)
- Average Cost: ~$75,024 per BTC
This latest indication from Saylor comes on the heels of a purchase of 1,286 BTC earlier this month, which was financed through the company”s extensive at-the-market (ATM) share sale program. With over $11 billion still available in authorized stock offerings, the market anticipates that the “Orange Dots” will begin to appear with greater frequency.
Understanding the “Orange Dots” Phenomenon
For investors in MSTR, the “Orange Dots” symbolize more than a simple meme; they embody a mechanical arbitrage strategy that has consistently outperformed numerous major indices. By leveraging stock and debt issuance to acquire Bitcoin, Saylor has effectively transformed a software company into a high-performing Bitcoin ETF. However, this strategy has not escaped criticism. Gold advocate Peter Schiff recently highlighted that with an average cost of $75,000, the firm”s unrealized gains face pressure whenever Bitcoin”s price trends toward the $80,000 mark. Nevertheless, Saylor”s recent communications suggest that he remains undeterred by short-term market fluctuations.
Market Perspective: Is Bitcoin Heading Towards $100,000?
As 2026 commenced, Bitcoin experienced a robust rebound, momentarily reaching the $93,000 level. Analysts from Fidelity and CoinShares have posited that as institutional adoption continues to escalate, a push toward $120,000 or even $175,000 could be on the horizon later this year.
For retail traders looking to emulate Saylor”s strategy, selecting the right trading platform is crucial. It”s advisable to consult our latest exchange comparison to find secure buying options. Additionally, as your cryptocurrency holdings expand like those of Strategy, ensuring the safekeeping of your private keys offline is essential—consider our hardware wallets guide for optimal security solutions.
