Strategy Bitcoin Buying May Resume After Saylor ‘We’re Back’ Signal
Michael Saylor said Strategy is back in profit as bitcoin tops $80,000, setting up a likely return to purchases after months of selling and reserve building.
- Michael Saylor said "We're Back" on Twitter, signaling Strategy's likely return to Bitcoin buying after halting its weekly accumulation spree two months ago.
- Strategy pivoted toward bolstering its balance sheet recently, building a $5.1 billion reserve and introducing a $1.59 billion cash pool through massive common stock offerings.
- With Bitcoin now past the $80,000 threshold, Strategy's overall position returned to positive territory for the first time in months, holding more than 840,447 Bitcoin.
- Any new capital raised will likely fund Bitcoin purchases and Stretch buybacks rather than bolster reserves, as the firm now has almost four years of preferred-dividend coverage.
- Federal Reserve Chair Kevin Warsh's hawkish Jackson Hole speech preceded Bitcoin nearing $79,000, up more than 2.5%, marking a renewed offensive for the world's largest corporate Bitcoin treasury.
17 Articles
17 Articles
After two months of pause, Michael Saylor's signal indicates that Strategy can resume Bitcoin's purchases.
Saylor Says Treasury Strategy Is “Back” to Bitcoin Buying
Strategy’s co-founder Michael Saylor has signaled—via a fresh post on X—that the firm may be preparing to resume buying Bitcoin. In his latest message, Saylor wrote “We’re Back,” prompting speculation that the company could return to its prior pattern of corporate accumulation announcements on Mondays. For long-time watchers of Strategy’s moves, the timing matters. Earlier [...]
Michael Saylor Hints Strategy Will Resume Bitcoin Buying After 10-Week Pause
TLDR: Michael Saylor hints Strategy may resume Bitcoin buying after a 10-week pause, but no purchase is confirmed. Strategy holds 840,447 BTC worth $63.36 billion at an average acquisition cost of $75,385 per Bitcoin. Strategy disclosed $6.69 billion in dollar liquidity, including $1.59 billion held in flexible USD Cash. Bitcoin near $79,000 has moved above [...] The post Michael Saylor Hints Strategy Will Resume Bitcoin Buying After 10-Week Pau…
A publication by Michael Saylor revived expectations that Strategy would buy again Bitcoin after a 10-week break, while the company reorganized its capital, sold assets and strengthened its liquidity.
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