Michael Saylor signals another bitcoin buy as BTC price slumps to $78,000
Analysis
Price Impact
MedMichael saylor's 'more orange' post typically signals a bitcoin purchase by microstrategy, which is generally a bullish indicator. however, the article highlights that microstrategy's ability to raise capital for a large purchase is currently constrained due to the weak performance of its common and preferred shares. this limits the potential size of the buy, thus moderating the immediate bullish impact.
Trustworthiness
HighThe news comes from coindesk, a reputable crypto news source, and directly references michael saylor's public x post, which is a well-established signal for microstrategy's bitcoin acquisitions.
Price Direction
BullishDespite the potential for a smaller-than-usual purchase, any acquisition of bitcoin by microstrategy, driven by michael saylor, reinforces confidence among investors and adds to the overall buying pressure for btc. saylor's consistent accumulation strategy provides a long-term bullish sentiment.
Time Effect
ShortSaylor's 'orange dots' signal typically precedes a formal announcement of a purchase within days, often on a monday, leading to an immediate, short-term market reaction.
Original Article:
Article Content:
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Michael Saylor signals another bitcoin buy as BTC price slumps to $78,000 Strategy’s ability to fund a large bitcoin purchase appears limited after a weak performance for the price of its common and preferred shares. By James Van Straten | Edited by Sheldon Reback Feb 1, 2026, 3:03 p.m. Make us preferred on Google Strategy Executive Chairman Michael Saylor (Nikhilesh De modified by CoinDesk) What to know : Strategy Executive Chairman Michael Saylor hinted at another bitcoin purchase following the weekend selloff. With company's shares down 6% on the week and its STRC preferred stock trading below par, any purchase is likely to be limited due to constrained capital raising options. Strategy (MSTR) Executive Chairman Michael Saylor indicated that the largest publicly traded holder of bitcoin BTC $ 78,212.92 bought more of the largest cryptocurrency over the past week. “More Orange,” Saylor wrote in an X post on Sunday morning . STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . For months, Saylor has typically previewed Strategy’s bitcoin purchases with a weekend post referencing orange dots, a signal that is usually followed by a formal announcement on Monday. Given that the common stock fell 6% over the week, closing below $150 per share, it is likely the company’s ability to raise capital through at-the-market (ATM) sales was constrained, limiting the amount of BTC acquired. Stretch (STRC), Strategy’s perpetual preferred stock, traded below its $100 par value for the entire week, preventing the company from issuing stock through the ATM program tied to that instrument. It recently increased the dividend rate on the shares to help lift the price. The company has acquired roughly 40,000 BTC since the start of the year, bringing its total bitcoin holdings to approximately 712,647 BTC. As of press time, bitcoin is trading around $78,000. Bitcoin News Michael Saylor Strategy