Saylor Teases ‘Bigger Orange’ After $1.25B Bitcoin Purchase Last Week

MicroStrategy signaled renewed accumulation after completing a $1.25 billion purchase that added 13,627 BTC to its treasury, and executive chairman Michael Saylor posted the two-word message “Bigger Orange”. The combination of a large disclosed buy and a public signal elevates operational and compliance attention for corporate treasuries, custodians, and market counterparties.

Strategy boosted cash reserve by $748 million last week

Strategy Inc. increased its cash reserve by $748 million via an at-the-market equity sale executed between December 15 and December 21, 2025, lifting its U.S. dollar holdings to approximately $2.19 billion. The company paused net Bitcoin purchases during that week, keeping its holdings unchanged at 671,268 BTC as it prioritized liquidity and financial flexibility.