Saylor: ”Send me more oranges”… Strategy again hints at large Bitcoin purchase

Strategy co-founder and chairman of the board Michael Saylor has once again teased a major Bitcoin purchase.
On the 8th (local time), X posted a chart of Strategy's Bitcoin holdings along with the short phrase "Send more Orange."
"Orange" is Bitcoin's signature color, and Sailor's cryptic expressions like this have led to announcements of new Bitcoin purchases in the past.
If this post goes ahead, it will mark the ninth consecutive week of Bitcoin purchases.
The strategy has invested approximately $75 million to purchase an additional 705 BTC, at an average purchase price of $106,495 per BTC. The total holdings to date are 580,955 BTC, based on market value.
According to Bitcoin asset tracking site SaylorTracker, Strategy's Bitcoin investments have recorded a valuation return of about 50%.
Saylor's post comes on the heels of Strategy's previously announced $1 billion initial public offering.
This is four times the size of the $250 million planned fundraising. Strategy said it plans to use the funds to purchase additional Bitcoin and for general operating expenses.
The shares being issued are 10.00% Series A Stride Perpetual Preferred Stock, with a total of 11.76 million shares being issued at $85 per share. Net proceeds after the offering are expected to be approximately 979 million yen.
The preferred stock is expected to reach $100,000. The preferred stock will offer a non-standard 10% dividend and is targeted to yield-hungry institutional and professional investors.
Through this preferred stock offering, Strategy plans to provide more stable investment returns while continuing its aggressive bitcoin accumulation strategy.
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