Strategy Could Resume Its Bitcoin Purchases After A Pause

One tweet. Two words. That’s all it took for Michael Saylor to get the crypto market talking. On April 5, 2026, the head of Strategy relaunched his usual signal on X. A discreet gesture, but very meaningful for bitcoin investors.

Saylor’s “orange dot”: the bitcoin signal that the entire crypto market watches

Since 2020, Michael Saylor regularly publishes a chart on X. Each orange dot represents a bitcoin purchase made by Strategy. For some crypto investors, this routine has become a code. Others even consider it a reliable indicator of an imminent BTC acquisition.

On April 5, this signal reappeared after a week of absence. The message posted by Saylor was brief:

Back to Work

The chart accompanying the tweet displayed the company’s complete bitcoin reserve: 762,099 BTC, valued at over 50.9 billion dollars. Each orange dot represents a past purchase, set against a background of regular accumulation cycles over six years. The return of this format immediately revived speculation about a new purchase.

For many crypto analyses, this signal is one of the most reliable in the institutional crypto market. It has historically preceded every major bitcoin accumulation announcement by Strategy. This time should be no exception.

A pause confirmed by the SEC, a bitcoin strategy unchanged

Before the return of the “orange dot,” Strategy had unofficially paused its purchases. An 8-K filing submitted to the SEC confirmed this unambiguously: between March 23 and 29, 2026, the firm neither sold MSTR shares nor acquired bitcoin.

This interruption in the accumulation cycle was surprising. For months, Strategy had been buying BTC almost every week. Its model is based on a dual leverage:

• the ATM share issuance program and the STRC;
• a preferred stock with an annualized dividend of 11.5%.

The latter instrument alone has financed purchase of 50,792 BTC since its launch.

The company’s average purchase price is around $75,894 per bitcoin. In a bear market context, the position shows an unrealized loss. But Saylor has never changed his long-term conviction. He stated it himself:

Bitcoin has won. BTC is global digital capital. Bank capital flows will now determine its trajectory.

For institutional investors who follow MSTR stock on Nasdaq, the return of this signal is an event to watch closely. The next regulatory filing with the SEC will reveal if a purchase took place this week.

In any case, if history repeats itself, a new massive bitcoin purchase by Strategy could soon be official. In a tense crypto market, this announcement would carry significant weight for all digital assets. To be continued…