Saylor’s ‘More Dots’ Post Hints at New Buy as Stra
#World Cup Predictions: 100,000 USDT Daily #TradFi Trading Strategies Sharing Challenge #BILL: Human-AI Collaboration Network Saylor’s ‘More Dots’ Post Hints at New Buy as Strategy’s Bitcoin Pile Nears 847K BTCMichael Saylor’s latest orange-dot chart sparked fresh speculation that Strategy may have acquired additional bitcoin, drawing attention to the company’s massive 846,842 BTC treasury.
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Kevin Helms
Kevin Helms
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Published: Jun 21, 2026, 9:24 AM
Saylor’s ‘More Dots’ Post Hints at New Buy as Strategy’s Bitcoin Pile Nears 847K BTC
Key Takeaways
Saylor’s orange-dot chart renewed attention on Strategy’s multi-year bitcoin accumulation strategy.
Strategy holds 846,842 BTC, alongside cash, debt, leverage, and dividend obligations.
Market watchers are awaiting another purchase update following Saylor’s latest post.On June 21, Strategy Executive Chairman Michael Saylor shared his signature orange-dot chart on X, a graphic that has frequently preceded announcements of new bitcoin purchases by the company. The post prompted speculation that another acquisition update may be forthcoming.
“Looks better with more dots,” Saylor wrote. The chart showed Strategy holding 846,842 BTC valued at about $54.32 billion. It listed an average purchase price of $75,658 per bitcoin and tracked acquisitions from 2020 to 2026. The chart recorded 112 purchase events, with orange markers indicating individual buys and a separate line showing the company’s average cost basis.Additional data from Strategy as of writing provided a broader snapshot of the company’s financial position. The company reported bitcoin reserves valued at approximately $54.16 billion and cash holdings of about $1.1 billion.
Balance-sheet figures showed about $6.75 billion in debt, net leverage near 10%, an mNAV ratio of 1.13, and estimated annual dividends of roughly $1.71 billion. Volatility remained
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