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Michael Saylor signals next Bitcoin purchase as Strategy Inc. reaches $70.48 billion holding
On October 11, 2026 Michael Saylor posted a treasury chart with 117 Bitcoin purchase dots and the phrase “always room for more orange.” The chart showed Strategy Inc. now controls 848,000 BTC worth $70.48 billion, about 4.04 % of all Bitcoin. In the week of October 5‑9 its STRC preferred shares fell below the $100 par, trading between $99.43 and $99.66, which activated the internal “Buyback Zone” and halted direct Bitcoin purchases, resulting in zero BTC bought that week. The firm used other credit lines totaling $12.69 billion, while STRF securities traded above par at $103.98, providing liquidity. A targeted purchase of 334 BTC at $85,838 per coin was announced, raising the portfolio’s average cost to $75,436 per Bitcoin. With Bitcoin above $83,000, the treasury is in profit and its net asset value is quoted at a 0.92× discount. Saylor’s post signals that alternative financing channels remain active for future buys.