The Bitcoin treasury company Strategy (formerly MicroStrategy) could be buying more Bitcoin soon. This follows a post on X by the company chairman, Michael Saylor, teasing another purchase.
Saylor posted a chart showing strategy Bitcoin purchases, captioned “turn of the century.” This post has historically preceded the company announcing that it has acquired additional BTC.
The post on March 1 comes a few days after Saylor also posted an AI-generated picture of himself holding an orange bag on X. In that post, he added, “need a bigger orange bag.”
With multiple posts now hinting at additional Bitcoin purchases, Strategy could soon be adding to its current 718,722 BTC holdings. The company’s stash is currently valued at $48 billion, with an average purchase price of $76,000, indicating unrealized losses of around $6 billion.
Unsurprisingly, the unrealized loss has attracted criticism, especially given observations that the company is consistently buying the top. These concerns are even more pronounced amid Bitcoin’s current volatility, with price swings amid geopolitical crises.
Despite being at a loss at present, Saylor has maintained his bullish stance on Bitcoin. Strategy’s most recent BTC acquisition was on February 23, when it bought 592 BTC for $39.8 million. Before that, the company acquired 2,486 BTC for $168.4 million on February 17.
Interestingly, Strategy stock MSTR is down 26% over the past three months, more than Bitcoin, which has lost 21% in that period. The stock is now down for eight consecutive months.
However, Strategy’s market net asset value (mNAV) remains at 1.256, indicating the company is still valued above its Bitcoin holdings. The company has insisted that it is not at risk of any major liquidation unless Bitcoin falls to $8000.
Meanwhile, Saylor’s hint at a new purchase coincides with Strategy raising the dividend on its perpetual preferred stock STRC to 11.5%. The increase in dividends marks the seventh increase since STRC was launched in July 2025.
The company has positioned STRC as a short-term, high-yield savings account, with monthly dividend increases, as part of its efforts to keep it trading high. While MSTR has been on a decline, STRC has maintained its value around $100.
STRC versus Bitcoin performance. Source: Michael Saylor
STRC is structured to trade at $100, even though it has occasionally risen slightly above that level. However, the current drop in Bitcoin’s value likely influenced the decision to increase its dividend by 0.25% to ensure it remains at $100.
Interestingly, digital assets investment company 21Shares recently launched an exchange-traded product for STRC on Euronext Amsterdam. The product, 21shares Strategy Yield ETP, offers exposure to STRC.
The post Michael Saylor Hints at Future Bitcoin for MicroStrategy as the Firm Lifts STRC Dividend Rate to 11.5% appeared first on The Market Periodical.


