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.

Bitcoin Chart

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.

Regulatory Filings

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.