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Michael Saylor’s Cryptic Tweet Sparks Speculation of New Bitcoin Purchase
On November 2, 2025, Michael Saylor posted a cryptic message, "Orange is the color of November," alongside a Bitcoin chart. This led crypto outlets to speculate about another potential Bitcoin purchase by Strategy (formerly MicroStrategy).
Speculation on Bitcoin Purchase
- The post used orange imagery, similar to past hints of Bitcoin moves.
- No official confirmation from Strategy regarding timing or amount.

Current Holdings and Past Purchases
- Strategy holds approximately 640,808 BTC at an average cost of $74,302 per coin.
- The last disclosed acquisition was around 390 BTC, valued at $43 million.
Market Reactions
- Traders quickly reacted; some bought on speculation of a new corporate purchase.
- Others sold amid uncertainty as the tweet lacked immediate trade confirmation.
- Speculative links made to political or economic events without concrete evidence.
Importance of Regulatory Filings
- Strategy typically files disclosures post-purchase, making filings crucial for tracking actual activity.
- An 8-K filing or on-chain wallet movement would confirm purchase rumors.

Implications for Investors
- Corporate buying can boost market sentiment.
- Short-term traders might see increased volatility.
- Institutional investors will be alert for any changes in purchase scale.
Next Steps
- Watch for regulatory filings, updates from Strategy, and on-chain transfers.
- Market data providers will likely highlight any significant new movements.