Strategy Bitcoin purchase may be coming again. Michael Saylor shared a familiar acquisition chart on July 12.
He wrote: “Orange dots tell only part of the story.” The chart marks past Bitcoin purchases. However, the message did not confirm any transaction.
Why Strategy Bitcoin purchase remains unclear
Saylor often posts the chart before a Monday filing. Traders once treated these as purchase signals. That pattern became less reliable in 2026. The company started selling Bitcoin this year.
The latest message leaves two possible readings. Strategy may have resumed accumulation. Or Saylor may be pointing to a wider capital plan. That plan now includes selective sales.
Strategy has not confirmed any transaction for the week ending July 12. Its public tracker shows 843,775 BTC. That is the latest reported balance.
Strategy’s recent sale changes the signal
Strategy sold 3,588 BTC for $216 million. This happened between June 29 and July 5. The company sold 1,363 BTC at $59,256. It then sold 2,225 BTC at $60,773.
These transactions reduced holdings to 843,775 BTC. The average purchase price is now $75,476. The details appear in Strategy’s July 6 filing.
The filing said Strategy used the proceeds for preferred stock distributions. It also restored money from its dollar reserve. That reserve stood at $2.55 billion on July 5.
Strategy’s Bitcoin monetization program still has capacity. It can raise up to $1.25 billion. The company reported no common stock sales. It also did not repurchase shares during the same week.
MSTR chart remains under pressure
MSTR closed near $94.64. The stock has formed lower highs and lower lows. This pattern started after the July 2025 peak near $450. The stock remains below the $126.55 resistance area.
The relative strength index sits near 37.9. This shows strong negative momentum. The reading is near oversold conditions. That can support a short rebound. However, it does not confirm a trend reversal.
The MACD line remains below its signal line. Both sit under zero. This keeps the broader setup bearish. Immediate support lies around $90 to $95. A break below that area would weaken the structure further.
Recovery would require a move above $125 to $130. Stronger momentum must follow that move.
Strategy’s next filing should clarify the situation. We will learn whether Saylor’s orange dots marked a purchase. It could also be another sale or a different balance-sheet move.
