Saylor Posts Orange-Dot Chart After Strategy Buys 1,550 BTC

Strategy Inc. Executive Chairman Michael Saylor posted the company's orange-dot chart following a 32 BTC sale and a larger 1,550 BTC purchase, renewing market focus on whether another bitcoin acquisition could be disclosed soon. The company sold 32 BTC to fund preferred stock dividends, then bought 1,550 BTC for about $101 million one week later, marking its first reported bitcoin sale since 2022. Strategy's accumulation dashboard showed 845,256 BTC across 111 purchase events, with the reserve valued near $54.36 billion and an average purchase price of $75,682.

Strategy Sold 32 BTC Then Bought 1,550 BTC

Strategy sold 32 BTC to fund preferred stock dividends, then bought 1,550 BTC for about $101 million one week later. The 32 BTC transaction was Strategy's first reported bitcoin sale since 2022. The subsequent purchase was more than 48 times larger than the amount sold, increasing holdings to 845,256 BTC. Saylor wrote "Still adding dots" in the orange-dot chart post. Strategy's dashboard listed an average BTC purchase price of $75,682, above the current BTC price of $64,329.

Saylor Connected SpaceX IPO to Bitcoin Holdings

Saylor linked bitcoin to SpaceX's market debut in a June 13 X post after Elon Musk's company entered public markets. The IPO reportedly attracted more than $350 billion in investor demand for a planned $75 billion offering and valued SpaceX around $2.1 trillion. Saylor wrote: "Congratulations Elon Musk and $SPCX on a historic IPO. Thanks to you, 25% of the Mag8 now holds bitcoin on the balance sheet."

Shareholders Approved Semi-Monthly Dividend Payments

Shareholders approved moving STRC dividend payments from monthly to semi-monthly, with the first record date set for June 30. Chief Executive Phong Le said the change was intended to improve liquidity and reinvestment flexibility for holders.

FAQ

What did Strategy buy after selling 32 BTC?

Strategy bought 1,550 BTC for about $101 million one week after selling 32 BTC to fund preferred stock dividends.

What did Michael Saylor say about SpaceX's IPO?

Saylor wrote on June 13 that 25% of the Mag8 now holds bitcoin on the balance sheet following SpaceX's IPO, which valued the company around $2.1 trillion.