MicroStrategy's executive chairman, Michael Saylor, has sparked widespread market speculation by posting his trademark "Orange or Green?" message on X (formerly Twitter) on January 4, 2026. This cryptic post, which has historically preceded announcements of new Bitcoin acquisitions by the company, suggests MicroStrategy may be preparing its first Bitcoin purchase of the new year.
The post included an updated "Orange Tracker" chart, a visual record of MicroStrategy's Bitcoin purchasing history. The chart reveals the company's current holdings stand at 672,497 BTC, accumulated through 91 separate purchase events. The total value of this portfolio is approximately $61.31 billion as of the posting date. The tracker overlays Bitcoin's price action (orange) with the firm's average acquisition cost (green), with dots representing individual buy points.
This is the first Orange Tracker post of 2026, reinforcing a familiar pattern: a teaser post from Saylor followed later by an official SEC filing confirming the details of a new purchase. The chart demonstrates MicroStrategy's consistent accumulation strategy across various market cycles, including rallies, consolidations, and drawdowns, aligning with Saylor's long-term view of Bitcoin as a primary treasury reserve asset.
Market participants closely monitor MicroStrategy's activity due to its scale and consistency. Each new purchase is seen as a reinforcement of institutional conviction and often acts as a short-term sentiment catalyst, especially when accumulation occurs near key technical levels. While no official filing has been released yet, history suggests Saylor's latest hint could soon be followed by a disclosure detailing the size and price of the next Bitcoin buy, potentially setting the narrative tone for the early 2026 market.
