Michael Saylor’s post references MicroStrategy’s $59.13 billion Bitcoin portfolio, highlighting their strategy since 2020 to acquire Bitcoin as a treasury reserve asset, with 558,340 BTC purchased at an average of $29,171 each, now valued at $105,518 per coin amid Bitcoin’s surge past $105,000.
The phrase “buys orange ink by the barrel” alludes to the saying “don’t fight someone who buys ink by the barrel,” meaning don’t challenge those with significant influence—here, Saylor equates his massive Bitcoin holdings (visualized as “orange ink”) to a powerful position against short-sellers.
The post aligns with market trends, as Bitcoin’s volatility is evident with a 0.61% dip to $104,495 shortly after hitting $105,032 on May 12, 2025, per Al Mayadeen, reflecting speculative momentum and uncertainty around central bank policies.
