Strategy Signals Return to Bitcoin Buying After Two-Month Pause as Saylor Says ‘We’re Back’

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Strategy, the world’s largest corporate holder of Bitcoin, has signaled it may resume purchases of the cryptocurrency after a pause of about two months.

CoinDesk reported on Aug. 30 that Strategy Chairman Michael Saylor posted a chart of the company’s Bitcoin holdings on X with the message, “We’re Back.” Markets interpreted the post as a sign that Strategy has added to its Bitcoin holdings for the first time since June 22, though the size of any purchase has not been disclosed.

Saylor’s post came with Bitcoin trading near $79,000. The token was up about 1% over the past 24 hours and had rebounded more than 2.5% from the low reached after Federal Reserve Chair Kevin Warsh’s hawkish Jackson Hole speech on Aug. 28.