MicroStrategy, the software and business-intelligence giant and largest corporate holder of Bitcoin, may be preparing for another round of BTC accumulation. On Monday, company chairman Michael Saylor posted on X (formerly Twitter): “₿ack to More Orange Dots,” a phrase widely interpreted as a nod to additional Bitcoin purchases. The “orange dot” has long been associated with MicroStrategy’s habit of marking new BTC buys on charts, and markets were quick to take notice.
At the time of the post, Bitcoin was trading near $89,000, down about 1% on the day and still struggling to reclaim the psychologically important $100,000 level. Despite this short-term price resistance, MicroStrategy’s appetite for Bitcoin appears as strong as ever.
MicroStrategy’s Massive Bitcoin Holdings and Market Impact
MicroStrategy currently holds 660,624 BTC, making it the largest corporate Bitcoin reserve holder in the world by a wide margin. This heavy exposure has not stopped the company from gaining mainstream acceptance — it is now a member of the Nasdaq-100 index, highlighting how deeply Bitcoin has become embedded in its corporate strategy.
As of December 2025, MicroStrategy’s Bitcoin holdings were valued at more than $49.35 billion. The company’s average acquisition cost is $74,696 per BTC, achieved through a long-term dollar-cost averaging (DCA) approach. With Bitcoin trading well above that level for much of 2025, this translates into an average unrealized gain of roughly $15,000 per coin, or about a 24.7% return for the year, despite daily price volatility.
Why Saylor’s Bitcoin Bet Still Matters
Michael Saylor remains one of Bitcoin’s most vocal advocates, frequently reiterating his belief that BTC could eventually reach $1 million per coin. That bold forecast aligns with projections from other prominent investors, including Cathie Wood of ARK Invest, who also sees massive long-term upside for the asset.
MicroStrategy’s continued accumulation sends a strong signal to the market. While short-term Bitcoin price action has been sluggish, the company’s strategy underscores sustained institutional confidence in Bitcoin as a long-term store of value. If BTC were ever to approach Saylor’s ambitious price targets, the impact on large, long-term holders could be transformative.
Bottom line: MicroStrategy’s latest social-media hint suggests more Bitcoin purchases may be imminent. Even as Bitcoin struggles below $100,000, the company’s unwavering commitment keeps it at the center of conversations around institutional conviction, long-term crypto adoption, and the future of Bitcoin itself.
