🟢"We're gonna need another color"
Michael Saylor posted Strategy's Bitcoin chart on Sunday, July 26 with four cryptic words: "We're gonna need another color."
The chart is a wall of orange dots – 113 Bitcoin buys since 2020. But Strategy just went a fourth straight week without adding a single coin, its longest pause in two years.
Here's the twist most people miss. Saylor has used color before to mean cash, not Bitcoin. He floated "green dots" right before adding a dollar reserve, and once asked followers point-blank: "Orange or Green?" So "another color" may hint at the opposite of buying – more cash, buybacks, anything but $BTC.
For context: the stack is now ~$9 billion underwater versus what Strategy paid for it, and the company sits on a $3.2B cash pile it keeps choosing not to spend on coins.
Q2 earnings drop July 30. That's when the color gets revealed.
A return to buying – or a whole new playbook? 👀
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