Michael Saylor hints at buying more BTC again; the company holds BTC worth $58.5 billion

Mars Finance reports that Strategy Chairman Michael Saylor hinted at another Bitcoin purchase after the price dropped to a two-week low of $87,600 on Sunday evening. Saylor posted on the X platform, “Back to More Orange Dots,” implying an additional Bitcoin buy. The last purchase by Strategy was on December 12, when they acquired 10,624 BTC, the largest since late July. Strategy currently holds 660,624 BTC, valued at approximately $58.5 billion at current prices, with an average cost basis of $74,696. Some analysts speculate that selling pressure is driven by the Bank of Japan’s upcoming interest rate decision. The prediction platform Polymarket shows a 98% probability that the Bank of Japan will raise interest rates by 0.25% this Friday. Market consulting firm Arctic Digital Research Director Justin d’Anethan stated that expectations of a rate hike in Japan are leading traders to take profits, and the price may continue to decline. Analyst Sykodelic believes the market has fully priced in the Bank of Japan’s actions.