Michael Saylor Hints at Bitcoin Surge with Orange Dot Update
MicroStrategy's Bitcoin Holdings: MicroStrategy currently holds 650,000 BTC valued at $57.8 billion, with an average purchase cost of $74,436, resulting in a gain of over $9.4 billion.
Potential New Purchases: Michael Saylor's recent social media post hints at possible new Bitcoin acquisitions during the current market dip, indicated by a new cluster of "orange dots" on their purchase chart.
Market Stress Indicators: On-chain metrics show signs of miner and holder stress, with the Hash Ribbon chart turning bearish and Short-Term Holder NUPL dropping below zero, suggesting a capitulation phase.
Market Speculation: Observers are closely monitoring MicroStrategy's buying patterns, as new purchases could signal a strong market message, although no official confirmation has been made yet.
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