Michael Saylor’s Bitcoin treasury firm Strategy appears poised to complete its 100th Bitcoin acquisition, based on recent hints from its chairman — nearly six years after the company began accumulating Bitcoin in 2020.
In a post on X on Saturday, Saylor shared a screenshot of a chart from StrategyTracker, a gesture he often uses to signal an impending Bitcoin purchase, alongside the caption: “The Orange Century.”
According to data published on its website, Strategy has completed 99 Bitcoin purchases since 2020, meaning its next acquisition would mark the company’s 100th buy.
Despite challenging market conditions in 2026, Strategy has continued its aggressive accumulation strategy. The firm has purchased Bitcoin for 12 consecutive weeks, and another buy this week would extend that streak to 13.
Strategy currently holds 717,131 BTC at an average purchase price of $76,027 per coin. With Bitcoin trading at approximately $64,700 at the time of writing, the company’s holdings have recently slipped below its average cost basis.
Changes since Strategy’s first Bitcoin purchase
Michael Saylor, once a Bitcoin skeptic, spearheaded Strategy’s initial $250 million Bitcoin purchase in August 2020.
The company entered the Bitcoin market with the goal of using BTC as an inflation hedge and long-term store of value to safeguard its corporate treasury. The move was also aimed at preserving and enhancing shareholder value over time.
In the nearly six years since that first acquisition, Strategy has grown into the world’s largest publicly traded holder of Bitcoin. Its approach has influenced numerous other companies to adopt similar digital asset treasury strategies.
According to data from Yahoo Finance, Strategy’s stock has surged roughly 950% since 2020, climbing from around $12.44 at the time of its first Bitcoin purchase to approximately $131.05 at the time of writing.
