‘We found room for even more orange’: Michael Saylor’s Strategy scoops up another 811 bitcoin for $65.5 million

MicroStrategy, under the leadership of Executive Chairman Michael Saylor, has significantly expanded its Bitcoin holdings by acquiring an additional 811 bitcoins. This latest purchase cost approximately $65.5 million and was disclosed shortly after the company reported a substantial $19.5 billion in net income for the third quarter. The acquisition underscores MicroStrategy's unwavering corporate strategy to accumulate Bitcoin as its primary treasury reserve asset, with Saylor explicitly stating their continued commitment to 'even more orange,' a common reference to Bitcoin.