MicroStrategy’s Saylor Signals Next Bitcoin Purchase After $1B Capital Raise
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MicroStrategy’s Michael Saylor has hinted at yet another Bitcoin acquisition, posting a cryptic “Send more Orange” message on June 8—a move that has often preceded BTC buys in the past.
The company recently purchased 705 BTC (~$75M) between May 26 and June 1, bringing its total holdings to 580,955 BTC (~$61.4B). Per SaylorTracker, MicroStrategy’s BTC investment is now up ~50%, with ~$20.6B in unrealized gains.
Notably, the firm’s latest $1B preferred stock offering—featuring 10% non-cumulative dividends—marks a shift in funding strategy, appealing to yield-focused investors while sustaining its aggressive Bitcoin accumulation.
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