Saylor's 'more orange' post fuels talk of another Strategy bitcoin buy

Key points

• Saylor posted the chart on Sept. 20, 2026, with the caption "A little more orange", per Ambcrypto
• News.bitcoin reported the chart showed 845,050 BTC worth about $67.90 billion, at an average cost of $75,412 per coin
• Strategy's Sept. 14 SEC filing showed no bitcoin bought or sold from Sept. 8 to Sept. 13, leaving holdings at 845,050 BTC
• Strategy repurchased $139 million of STRC preferred stock on Sept. 14, according to Ambcrypto
• MSTR closed at $153.92 after a 16.39% single-session jump and gained about 47.65% over a month, Ambcrypto reported

Michael Saylor revived speculation about another Strategy bitcoin purchase on Sept. 20, 2026, posting the company's acquisition chart on X with the caption "A little more orange", according to Ambcrypto. The orange circles on the chart mark Strategy's purchases, and the outlet reported the post points towards further accumulation. Saylor used similar language ahead of the firm's last confirmed acquisition, when a "We're Back" message preceded disclosure of a 4,603 BTC purchase.

News.bitcoin reported the same post separately and said the chart showed 845,050 BTC valued at roughly $67.90 billion, an average acquisition cost of $75,412 per coin and an unrealised gain of about $3.95 billion. Strategy held that 845,050 BTC after its last confirmed purchase of 4,603 BTC for approximately $369.7 million at an average price of $80,318 per coin, per Ambcrypto.

The tease followed two quiet reporting periods. News.bitcoin reported that Strategy's Sept. 14 SEC filing showed no bitcoin bought or sold from Sept. 8 through Sept. 13, leaving holdings unchanged. As of Sept. 13 the company held $5.10 billion in its US dollar reserve and $1.30 billion in flexible USD cash, per News.bitcoin; the reserve covers preferred-stock dividends and interest, while the flexible cash can fund bitcoin purchases or securities repurchases. The aggregate purchase cost stood at $63.73 billion including fees and expenses.

Strategy repurchased $139 million of STRC preferred stock on Sept. 14, which Ambcrypto reported; News.bitcoin put the figure at $139.3 million and said the funds came from flexible cash. Ambcrypto also reported MSTR closed at $153.92 after jumping 16.39% in a single session and gained about 47.65% over one month, and that Strategy controls roughly 4.02% of bitcoin's eventual 21 million-coin supply. The July and August 2026 sale of 6,919 BTC preceded the renewed buying, and Ambcrypto noted the timing falls in September, historically a weak month for crypto, though positive September closes in 2023, 2024 and 2025 weakened that pattern.

Other corporate treasuries kept buying. Ambcrypto reported BlackRock's iShares Bitcoin Trust recorded $426.4 million in inflows, taking total net assets since launch to about $59.75 billion, while Strive added 469 BTC for a total of 25,000 BTC and Capital B added 4 BTC to reach 3,525 BTC worth $287.9 million.

Separately, Bitcoinmagazine reported Saylor argued on X on Sept. 19, 2026 that the Senate's blockage of the CLARITY Act is positive for the digital asset industry, saying legislation can make restrictions permanent as easily as rights and that the SEC and CFTC are proceeding with rulemaking without the bill. Senators voted 49 for and 50 against advancing the legislation that week.

A Saylor post is not a filing, and the gap matters for anyone reading the signal as a completed trade. Ambcrypto framed the stock move as a September reversal, while News.bitcoin framed the post as speculation pending disclosure. The next SEC filing will confirm or contradict whether the orange signal corresponds to a completed purchase.

Read the full story on Coinpulsehq →