Is Strategy Planning to Buy Bitcoin Again? Saylor's 'Green Dots' Indicate a Yes

Recent comments by Michael Saylor have sparked renewed interest in Strategy's Bitcoin holdings. With indications that the company might resume purchasing Bitcoin, many investors are paying attention to these developments. The firm holds a significant stash of Bitcoin valued near $60 billion, suggesting a carefully considered approach towards future investments and sales.

Key Takeaways

Michael Saylor's recent comments about adding "green dots" have led to speculation that Strategy may be looking to buy more Bitcoin.
The company currently holds approximately 649,870 Bitcoins, valued at nearly $60 billion.
Strategy's CEO, Phong Le, stated that any selling of Bitcoin would only occur under extreme market conditions.
The firm's average purchase price for Bitcoin is around $74,000, and it believes it can maintain dividend payments for years even if Bitcoin’s price falls to that level.
A general decline in the market has affected multiple cryptocurrencies, including Bitcoin and Ethereum.

Bitcoin

Saylor’s Comments Spark Market Interest

Michael Saylor's latest social media post has ignited discussions about Strategy's Bitcoin investments. He shared a chart displaying the company’s past purchases, represented as orange dots, and teased the possibility of adding "green dots" to indicate new acquisitions. Given the recent volatility in the cryptocurrency market, any signs of institutional buying are drawing significant attention.

CEO Explains Selling Conditions

Phong Le, the CEO of Strategy, clarified that the firm views selling Bitcoin as a last resort. In a recent podcast, he explained that the company would only liquidate its Bitcoin holdings if market prices fell below the net asset value (NAV) and if they faced challenges raising new capital.

What if we start adding green dots? pic.twitter.com/a19bD33KzD
— Michael Saylor (@saylor) November 30, 2025

Strategy anticipates needing to raise approximately $750 million to $800 million a year to meet its preferred-share dividend obligations when its stock price is above NAV. This strategy allows them to continue accumulating Bitcoin while fulfilling their dividend commitments.

According to the company, it can sustain dividend payouts even during challenging situations. Recently, they launched a BTC Credit dashboard designed to provide investors with better insights into their long-term liabilities.

Bitcoin Chart
Bitcoin is currently trading at $86,743. Chart: TradingView

The company's average purchase price for Bitcoin is around $74,000. The dashboard indicates that, based on their calculations, the company could maintain its dividend payments for many years, provided Bitcoin remains near this average price.

Market Volatility Affects Prices

After reaching peaks over $126,000 in October, Bitcoin experienced a steep decline, dropping below $86,000 in early Asian trading on December 1, with a single session seeing a decrease of up to 6%.

BREAKING: Bitcoin falls -$4,000 in 2 hours as mass liquidations return.
$400 million worth of levered longs have been liquidated in the past hour. pic.twitter.com/qKB7MYJapu
— The Kobeissi Letter (@KobeissiLetter) December 1, 2025

Other major cryptocurrencies also faced downturns; for instance, Ethereum saw a decline of more than 7%, falling to around $2,800. Analysts attribute this sell-off to an overall “risk-off” sentiment, driven by concerns around inflation and central bank monetary policies that tend to impact riskier assets.

Strategy has dealt with significant pressure previously when Bitcoin traded near $90,000, which temporarily put its Nasdaq-100 listing in jeopardy. Nevertheless, the firm’s leadership emphasizes a long-term strategy toward holding Bitcoin.

The recent hints from Saylor, coupled with Le's comments about selling, suggest that Strategy remains open to buying additional Bitcoin during price dips, while also clearly outlining their criteria for any potential sales.

As the coming weeks unfold, the cryptocurrency community will be watching closely to see if the anticipated "green dots" become a reality on Strategy's tracker and whether favorable market conditions enable substantial holders to enhance their positions.

Featured image from Unsplash, chart from TradingView