Michael Saylor Hints at Strategy’s 100th Bitcoin Buy

Summary

• Strategy has accumulated 717,131 BTC since August 2020.

• The firm has made 99 Bitcoin purchases to date — the next would mark its 100th buy.

• Michael Saylor teased the milestone with a cryptic post: “The Orange Century.”

“The Orange Century” Tease

Michael Saylor, chairman of Strategy, hinted at an upcoming Bitcoin purchase in a Saturday post on X.

Saylor shared a chart from StrategyTracker — a move he has frequently used to signal imminent buys — alongside the caption:

“The Orange Century.”

Given that Strategy has completed 99 Bitcoin purchases since 2020, the next acquisition would represent its 100th BTC buy, a symbolic milestone in the firm’s aggressive accumulation strategy.

717,131 BTC and Counting

According to company data, Strategy currently holds:

• 717,131 BTC

• Average acquisition cost: $76,027 per coin

At a Bitcoin price near $64,700, the company’s aggregate position has recently dipped below its average cost basis.

Strategy has shown little hesitation in 2026 despite broader market weakness. The firm has purchased Bitcoin for 12 consecutive weeks, and another acquisition would extend that streak to 13.

Purchase history can be viewed on the company’s website:

https://www.strategy.com/purchases

From Skeptic to Bitcoin Maximalist

When Strategy (formerly MicroStrategy) made its first Bitcoin purchase in August 2020, it invested $250 million into the asset.

At the time, Saylor positioned Bitcoin as:

• A hedge against inflation

• A superior store of value

• A long-term strategy to preserve and enhance shareholder value

Over nearly six years, Strategy has evolved into the largest public corporate holder of Bitcoin, helping normalize the “Bitcoin treasury” model among publicly traded firms.

Stock Performance Since 2020

According to data from Yahoo Finance, Strategy’s stock price has climbed approximately 950% since its first Bitcoin purchase:

• Around $12.44 in 2020

• Roughly $131.05 at present

The company’s equity performance has been closely tied to Bitcoin’s price cycles, effectively transforming Strategy into a high-beta proxy for BTC exposure in traditional markets.

Why the 100th Buy Matters

The 100th purchase would not just be symbolic — it underscores:

• Strategy’s unwavering conviction in Bitcoin

• Its systematic accumulation approach

• Its willingness to buy through volatility

Whether the next buy occurs at a discount or into strength, the message remains consistent: Strategy continues to double down on Bitcoin as a long-term treasury reserve asset.

See all our insights: Bitcoin World News