--- title: "Michael Saylor 'Found More Room for Orange' as Strategy Adds 267 Bitcoin" type: "News" locale: "en" url: "https://longbridge.com/en/news/302294595.md" description: "Strategy (MSTR) purchased 267 Bitcoin for $22.1 million, bringing total holdings to 848,517 BTC. The company funded the acquisition primarily by selling shares via its at-the-market program. This purchase follows a 9.5% stock drop due to MSCI index exclusion risks, though MSTR has since rebounded slightly." datetime: "2026-10-19T12:54:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/302294595.md) - [en](https://longbridge.com/en/news/302294595.md) - [zh-HK](https://longbridge.com/zh-HK/news/302294595.md) generator: "portal-rs" --- # Michael Saylor 'Found More Room for Orange' as Strategy Adds 267 Bitcoin **Strategy** (NASDAQ:MSTR) bought 267 **Bitcoin** (CRYPTO: BTC) for $22.1 million last week, extending its buying streak even as the stock battles fresh pressure from MSCI index risk. Strategy disclosed in a Monday filing that it purchased the Bitcoin between Oct. 12 and Oct. 18 at an average price of $82,900 per coin.  The company funded nearly the entire buy by selling 140,872 MSTR shares through its at-the-market program, covering the remaining $100,000 from cash on hand. Total holdings now stand at 848,517 BTC, acquired for roughly $64.02 billion at an average price of $75,446 per coin. Strategy spent far more on preferred stock than Bitcoin last week, using $193.1 million to repurchase 1.94 million shares of its STRC preferred stock.  The board also raised the digital credit securities repurchase program from $2 billion to $3 billion, leaving $1.16 billion available after completed buybacks.  As of Oct. 18, Strategy held $4.83 billion in its US dollar reserve and $447.3 million in additional cash, after using $45.5 million from the reserve to pay preferred-stock dividends. ### Saylor’s Weekend Posts Keep Teasing the Buys Strategy Executive Chairman **Michael Saylor** posted on X Sunday that “we found room for more orange,” echoing a near-identical post from the Sunday before, “there’s always room for more orange,” which also preceded that week’s purchase announcement.  As Benzinga reported, Strategy bought 250 BTC for $21.5 million the prior week, meaning Saylor’s weekend posts have now preceded two straight Monday purchase disclosures. ### Where MSTR Stands Technically After MSCI Pressure MSTR fell 9.5% last Friday after MSCI approved rules that could exclude Strategy from its indexes, raising concerns about forced selling from passive funds tracking those benchmarks.  The stock rebounded 2% in Monday’s premarket trading, putting it just above its 50-day EMA at $139.50, though it remains below its 20-day and 200-day EMAs at $149.71 and $152.83. Those levels form the next resistance zone after repeated rejections at the stock’s descending trendline. #### Key levels for MSTR: - $135: 100-day EMA, immediate support - $130: potential downside target if $134 fails *Photo via Shutterstock* **Read Also: Bitcoin, Ethereum, XRP Face Rebound From ‘Black Monday’ Fears** ### Related Stocks - [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BITX.US](https://longbridge.com/en/quote/BITX.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCL.US](https://longbridge.com/en/quote/BTCL.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [BTCZ.US](https://longbridge.com/en/quote/BTCZ.US.md) - [DEFI.US](https://longbridge.com/en/quote/DEFI.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [IMST.US](https://longbridge.com/en/quote/IMST.US.md) - [MAXI.US](https://longbridge.com/en/quote/MAXI.US.md) - [MSDD.US](https://longbridge.com/en/quote/MSDD.US.md) - [MSOO.US](https://longbridge.com/en/quote/MSOO.US.md) - [MSR.US](https://longbridge.com/en/quote/MSR.US.md) - [MSST.US](https://longbridge.com/en/quote/MSST.US.md) - [MST.US](https://longbridge.com/en/quote/MST.US.md) - [MSTC.US](https://longbridge.com/en/quote/MSTC.US.md) - [MSTK.US](https://longbridge.com/en/quote/MSTK.US.md) - [MSTP.US](https://longbridge.com/en/quote/MSTP.US.md) - [MSTU.US](https://longbridge.com/en/quote/MSTU.US.md) - [MSTW.US](https://longbridge.com/en/quote/MSTW.US.md) - [MSTX.US](https://longbridge.com/en/quote/MSTX.US.md) - [MSTY.US](https://longbridge.com/en/quote/MSTY.US.md) - [MSTZ.US](https://longbridge.com/en/quote/MSTZ.US.md) - [MTYY.US](https://longbridge.com/en/quote/MTYY.US.md) - [OBTC.US](https://longbridge.com/en/quote/OBTC.US.md) - [SMST.US](https://longbridge.com/en/quote/SMST.US.md) - [WNTR.US](https://longbridge.com/en/quote/WNTR.US.md) - [YBIT.US](https://longbridge.com/en/quote/YBIT.US.md) - [02818.HK](https://longbridge.com/en/quote/02818.HK.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03066.HK](https://longbridge.com/en/quote/03066.HK.md) - [03135.HK](https://longbridge.com/en/quote/03135.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [03439.HK](https://longbridge.com/en/quote/03439.HK.md) - [07376.HK](https://longbridge.com/en/quote/07376.HK.md) - [07799.HK](https://longbridge.com/en/quote/07799.HK.md) - [83042.HK](https://longbridge.com/en/quote/83042.HK.md) - [09008.HK](https://longbridge.com/en/quote/09008.HK.md) - [09042.HK](https://longbridge.com/en/quote/09042.HK.md) - [09399.HK](https://longbridge.com/en/quote/09399.HK.md) - [09430.HK](https://longbridge.com/en/quote/09430.HK.md) - [09439.HK](https://longbridge.com/en/quote/09439.HK.md) ## Related News & Research - [Michael Saylor’s Strategy Buys Another $22,000,000 Worth of Bitcoin As Top Crypto Asset Tracks Sideways](https://longbridge.com/en/news/302331972.md) - [Strategy Expands Bitcoin Holdings and Buyback Authorization](https://longbridge.com/en/news/302290913.md) - [Bitcoin’s sell pressure eases as whale demand remains uncertain: Can BTC rebound?](https://longbridge.com/en/news/302208408.md) - [Strive adds 3311 Bitcoin – Can its Saylor backed 15% dividend offering fund more?](https://longbridge.com/en/news/301867032.md) - [STRC stock rebounds below $99 as Strategy discloses $193M buyback](https://longbridge.com/en/news/302311752.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**