Michael Saylor has hinted at another major Bitcoin purchase, marking the firm’s 13th consecutive acquisition streak. In another development, President Donald Trump shared the details of the new U.S.-China trade deal.
Michael Saylor Hints at New Bitcoin Accumulation
Strategy founder Michael Saylor has teased another corporate Bitcoin buy in the coming week. In a post on X, the founder shared a chart of his company’s Bitcoin portfolio, now valued at $71 billion, alongside the caption, “Orange is the color of November.”
The chart indicated that Strategy currently holds 640,808 BTC, purchased at an average price of $74,302 per coin. The portfolio has appreciated more than 48% since its inception. This translates into unrealized gains exceeding $23.6 billion.
.Saylor has historically shared similar “orange” updates ahead of each purchase announcement. Experts note this would mark the 13th consecutive time he has signaled a Bitcoin acquisition in advance. This reinforces his consistent strategy of accumulating BTC during both rallies and downturns.
This comes after its latest purchase last Monday. Strategy acquired an additional 390 BTC, worth roughly $43 million. The firm has become the largest corporate holder of Bitcoin in the world.
Even with changes in the market, Michael Saylor strongly supports Bitcoin’s long-term value. He often refers to it as the “digital gold” of today.
Trump’s Trade Deal with China Boosts Market Confidence
Meanwhile, global markets are reacting positively to a new U.S.-China trade deal announced by President Donald Trump. The agreement was signed during a bilateral meeting in Busan, South Korea. It seeks to ease longstanding tensions between the two economic powerhouses.
The deal includes U.S. tariff reductions, China’s commitments to curb fentanyl exports, reopening its markets to American agricultural products, and pausing restrictions on rare earth materials vital to technology manufacturing. The White House described the agreement as a “massive victory” for American workers and industries.
China has agreed to suspend all retaliatory tariffs imposed since March 4, covering U.S. exports. According to the White House, Beijing will also lift or pause all non-tariff measures imposed on the U.S. since March 4.
Trump’s Asia tour also produced additional trade frameworks with Japan and South Korea and paved the way for talks with Thailand, Vietnam, and India. Following the announcement, the Bitcoin price rebounded modestly. The coin has reversed losses from the crypto market crash and is currently trading above $110,000.
Source: https://coingape.com/michael-saylor-teases-13th-straight-bitcoin-buy-as-trump-unveils-new-u-s-china-trade-deal/
