Michael Saylor, the co-founder and executive chairman of Strategy (NASDAQ: MSTR), has hinted that the world’s largest Bitcoin treasury firm is set to make its 100th Bitcoin purchase.
Strategy has added to its growing bitcoin treasury for 12 consecutive weeks this year, and the latest buy could extend that tally to 13. Saylor’s teaser points to a possible announcement on Monday, which would come amid a weakening broader market as BTC’s price dropped below its 2021 all-time high of $69,000.
Saylor Teases Strategy’s 100th Bitcoin Purchase
In a Saturday X post, Saylor shared a screenshot of a chart from StrategyTracker, captioned “The Orange Century.” Notably, the billionaire has often shared the orange dot updates before Strategy formally discloses its purchases.
Those weekend posts typically precede Monday filings with the U.S. Securities and Exchange Commission (SEC) confirming new Bitcoin buys. Despite the challenging market conditions, the company has shown no signs of slowing its accumulation in 2026.
Last Monday, Strategy announced the purchase of 2,486 BTC for $168.4 million, paying an average of $67,710 per coin. The company’s total holdings now stand at 717,131 BTC, acquired at an average cost of $76,027 per coin. It spent $54.52 billion to build the position that represents over 3% of bitcoin’s 21-million total supply.
With bitcoin now trading below $68,000, Strategy’s position is at a 10.7% unrealized loss, worth roughly $5.8 billion, as the haul is currently valued at $46.90 billion. However, the company continues to fund its acquisitions through debt and share issuance without selling its assets.
Strategy is the world’s largest public holder of bitcoin, and has inspired a long list of companies to adopt similar reserve strategies and pivot to a digital asset treasury model. The company positions bitcoin as its primary reserve asset rather than treating it as a short-term investment. This approach differentiates it from traditional corporate treasury models that prioritize diversification across cash equivalents, bonds, and equities.
While the firm’s strategy concentrates capital exposure into a single asset, when bitcoin’s price rises, it benefits from substantial balance sheet appreciation. However, when the price declines, it negatively impacts its valuation and stock performance.
MSTR Posts Modest Gains
MSTR’s price has increased by around 950% since its first BTC purchase in August 2020, rising from about $12.44 to an all-time high of $543 in November 2024.
Meanwhile, bitcoin’s price has fallen more than 40% from its October 2025 peak above $126,000 to under $70,000. The failure to hold that critical support zone has resulted in traders executing stop-loss orders and short-term profit-taking, pushing prices below $68,000.
Despite the significant drawdown for bitcoin, MSTR has shown modest volatility, rising 1.24% when the markets closed on Friday, trading between $129.41 and $136.14 on 17.6 million outstanding shares. As BTC is currently trading below the strategy’s average cost basis, markets now await confirmation of the company’s 100th purchase announcement.
At the time of writing, Bitcoin (BTC) is trading at $65,788 – down 3.24% in 24 hours. Strategy (MSTR) closed Friday’s session at $131.05 – up 1.24% for the day.
