Michael Saylor Drops Another Bitcoin Buy Hint With ‘Send More Orange’ Tweet

MicroStrategy’s CEO strikes again—this time with a four-word tweet that sent crypto Twitter into a speculative frenzy. Is the corporate Bitcoin whale gearing up for another nine-figure purchase?

Saylor’s signature move: Since 2020, the executive has turned his company into a publicly-traded Bitcoin proxy, amassing over 200,000 BTC while traditional investors clutched their Treasury bonds.

The orange connection: Bitcoin’s signature color has long been a bullish meme among holders. Last time Saylor referenced it? Right before a $150 million purchase in late 2024.

Wall Street’s reaction: Analysts sigh as yet another executive bypasses earnings calls to communicate via cryptocurrency inside jokes. Meanwhile, MicroStrategy’s stock continues its 300% yearly volatility ride—because who needs stable fundamentals when you’ve got laser eyes and a HODL mentality?

’Strategy Is Fully Torqued Bitcoin’: Michael Saylor

On June 7, Saylor posted a victorious message on X, sharing an infographic on how Bitcoin has helped Strategy outperform other major tech titans, including Tesla, Meta and Nvidia.

“Strategy is fully torqued Bitcoin,” he wrote on X, with a 126% increase in terms of a year return growth.

Strategy is fully torqued Bitcoin. pic.twitter.com/Dqu6RKY7b7

The posts follow Strategy’s announcement of a $1 billion stock offering, and using the proceeds to fund additional Bitcoin purchases and general corporate expenses.

Per the announcement, the company aims to issue 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock, at a public offering price of $85.00 per share.

“Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin and for working capital,” the announcement read.

Bitcoin Treasury Race Heats Up: What Could Be Next?

Following Strategy’s lead, there has been an intensifying competition among corporations entering the Bitcoin treasury space.

Japan’s Metaplanet, for instance, has been stochpiling Bitcoin continuously, with a new target to accumulate 210,000 BTC by 2027. The Tokyo-listed investment firm currently holds 8,888 BTC, placing it tenth globally in corporate Bitcoin holdings.

Michael Saylor’s Sunday endorsement could signal sustained positive sentiment among traders and potentially increase institutional accumulation.

Though, monitoring Saylor’s social activity could be relevant for short-term trading strategies, as institutional sentiment could lead to price volatility.