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Michael Saylor has brought back Strategy’s “orange dot” chart, a signal historically associated with Bitcoin purchases, as the company now controls 3.6% of the total Bitcoin supply.
On Sunday, Saylor—founder and ideologist of Strategy (formerly MicroStrategy)—published an updated version of his iconic “orange dots” chart on social media. The post quickly revived speculation that Strategy may be preparing for additional BTC purchases.
For the crypto community, the orange dots chart on the last day of the week is traditionally treated as an official announcement of a Bitcoin purchase by Strategy. The return of this format is often interpreted as a sign that the company is moving into a more aggressive accumulation phase, particularly after it paused its buying spree for two weeks in March.
According to fresh operational reports, Strategy has confirmed its status as the largest corporate Bitcoin holder, with a total of 766,970 BTC on balance. The reported value of these holdings is $54.84 billion, which is more than the company’s own market cap by $11 billion, according to BitcoinTreasuries.
With Bitcoin trading around $71,000 in April 2026, Strategy faces a temporary unrealized loss of about 5.4%. Despite this drawdown, Saylor remains firm, and Strategy continues to methodically remove Bitcoin supply from exchanges.
Strategy’s holdings now represent more than 3.6% of total Bitcoin issuance, reinforcing its role as a major corporate buyer and a key driver of market expectations around future accumulation.
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