Michael Saylor has signaled that his company, Strategy (formerly known as MicroStrategy), is preparing to execute its 100th Bitcoin purchase since it began accumulating the asset in 2020.

The signal appeared through Saylor’s post on X on Sunday (February 23, 2026), where he shared a screenshot of a chart from StrategyTracker accompanied by the caption “The Orange Century.” The phrase is often used by him as a code indicating an upcoming Bitcoin acquisition.

According to data on the company’s official website, Strategy has completed 99 Bitcoin purchases since August 2020. This means the next transaction will mark the company’s 100th Bitcoin acquisition milestone.

Currently, Strategy holds 717,131 BTC at an average purchase price of approximately US$76,027 per coin. Its most recent acquisition took place between February 9–16, 2026, when the company bought 2,486 BTC worth around US$168.4 million, or roughly Rp2.8 trillion, at an average price of US$67,710 per Bitcoin.

However, with Bitcoin trading at approximately US$64,800, or about Rp1.04 billion, at the time of writing, the current valuation remains below the company’s average acquisition cost. In simple terms, this indicates that the company’s average position is under pressure, as the market price is lower than its average purchase price.

Accumulation Continues Despite Market Pressure

Despite ongoing pressure in the crypto market throughout 2026, Strategy shows no signs of slowing down. The company has recorded Bitcoin purchases for 12 consecutive weeks. If it proceeds with another acquisition this week, the streak will extend to 13 straight weeks.

Strategy’s initial move into Bitcoin was spearheaded by Saylor in August 2020, when the company allocated approximately US$250 million, or around Rp4 trillion, for its first purchase. At that time, Bitcoin was chosen as a hedge against inflation and as a store of value to safeguard the company’s cash reserves. The strategy was also aimed at preserving and enhancing shareholder value over the long term.

Nearly six years after its first purchase, Strategy has become the publicly listed company with the largest Bitcoin holdings in the world. This approach has since inspired many other corporations to adopt similar strategies by incorporating Bitcoin into their corporate reserves.