Michael Saylor Signals Another Bitcoin Buy as BTC Dips to Two-Week Low
Strategy Chairman Michael Saylor has hinted at another Bitcoin purchase after BTC briefly fell to a two-week low of around $87,600 late Sunday. Posting “Back to more orange dots” on X, Saylor appeared to signal renewed accumulation by the company.
Strategy’s most recent purchase was on December 12, when it acquired 10,624 BTC — its largest single buy since late July. The company now holds approximately 660,624 BTC, valued at about $58.5 billion at current market prices, with an average acquisition cost of $74,696 per Bitcoin.
Market observers suggest the recent selling pressure may be linked to macro uncertainty ahead of the Bank of Japan’s upcoming interest rate decision. Prediction market Polymarket currently assigns a 98% probability that the Bank of Japan will raise rates by 25 basis points this Friday.
Justin d’Anethan, Head of Research at Arctic Digital, noted that expectations of tighter Japanese monetary policy have encouraged traders to lock in profits, anticipating near-term downside risk. However, analyst Sykodelic argues that the market has already priced in the Bank of Japan’s move, limiting its potential impact going forward.
