MicroStrategy Chairman Michael Saylor signaled the company is preparing for its 100th Bitcoin acquisition. Saylor posted a social media graphic captioned The Orange Century to foreshadow the transaction. This communication pattern has historically preceded official announcements of new corporate Bitcoin buys.
The company currently holds 717,131 BTC according to the latest reports. Markets are awaiting an official filing to confirm the milestone purchase.
The announcement comes ahead of the Bitcoin for Corporations conference scheduled for February 24-25. Saylor is expected to use the event to advocate for Bitcoin as a primary treasury reserve asset.