Strategy Raises $1.76B War Chest As Saylor Signals Bigger Bitcoin Buy

Michael Saylor’s company has already lined up the money. Now the question is how much Bitcoin it plans to buy with it.

Saylor’s Signal Fires Up The Market

Strategy’s executive chairman posted his well-known “Orange Dots” chart on X over the weekend, adding just three words: “Think even Bigger.”

The chart maps every Bitcoin purchase the company has ever made. In crypto circles, its appearance has become a reliable preview of an imminent acquisition announcement — and Monday is the day Strategy most commonly makes those announcements public.

The post landed after a string of major purchases. On April 13, Strategy spent $1 billion on Bitcoin. The week before that, it dropped $330 million.

Both buying rounds were preceded by the same chart. This time, Saylor’s caption suggests the next move could top them both.

A War Chest Already Sitting Ready

The fuel for that purchase appears to already be in place. Strategy’s STRC instrument has raised enough capital to fund up to $1.76 billion in Bitcoin acquisitions, based on reports tracking the company’s fundraising activity.

The company routinely uses proceeds from STRC to bankroll its Bitcoin buying program, so the timing of that capital raise lines up with the weekend post.

At the time of writing, Strategy holds 780,897 Bitcoin across its corporate treasury. The company’s average purchase price sits at $75,577 per coin.

At current market prices, the entire stash is valued at roughly $58 billion — a figure that would shift significantly with any large new purchase.

BTCUSD now trading at $75,426. Chart: TradingView

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