Selle releases orange signal, Bitcoin's additional purchase expectation heats up

Source: BlockMedia Original Title: Saylor “The Orange Never Stops”… Expectation of Additional Bitcoin Purchases Original Link: Michael Saylor(Michael Saylor)'s software company has once again sent a meaningful signal related to Bitcoin, attracting market attention. Based on past cases, such statements are usually followed within 1-2 days by announcements of actual Bitcoin purchases, leading the market to focus on the possibility of further accumulation.

Saylor posted on social media the phrase “the relentlessly advancing orange wave(the relentlessly advancing orange wave)”. The market interprets this as a signal of the company’s additional Bitcoin purchases. Saylor has repeatedly used the term “orange” before multiple Bitcoin acquisitions, typically revealing details about the purchases about a day after related posts are published.

Currently, the company holds approximately 709,715 BTC, valued at about $62.88 billion at current prices, with an average purchase price of around $75,980. At the current price, the company’s Bitcoin holdings are in a paper profit of about 16.6%, with unrealized gains of approximately $8.95 billion.

It is noteworthy that the performance of Bitcoin and the company’s stock price shows significant divergence. Over the past year, the asset performance comparison indicates that Alphabet(Alphabet) performed the best with a 71.0% increase, followed by Nvidia with a 58.5% rise. The Nasdaq 100 index and the S&P 500 index increased by 21.1% and 15.0%, respectively. In contrast, Bitcoin declined by 13.6% during the same period, while the company’s stock price plummeted by 53.9%, the worst performer. This again demonstrates that the volatility of related corporate stock prices far exceeds Bitcoin price fluctuations.

Volatility indicators also confirm this characteristic. In the past 30 days, the stock’s volatility reached 49.0%, the highest among the assets. During the same period, Bitcoin’s volatility was 31.5%, with major tech stocks like Tesla(29.4%) and Meta(24.0%) also showing relatively high volatility.

The market generally interprets Saylor’s recent remarks as a long-term signal that the company still regards Bitcoin as a core asset, rather than a short-term price guide. However, against the backdrop of recent Bitcoin price adjustments and expanding global financial market volatility, the market’s reaction will depend on whether actual additional purchase announcements follow.