Michael Saylor Signals Strategy Is Buying Bitcoin Again After Two-Month Pause

Michael Saylor

Strategy Executive Chairman Michael Saylor appears to be signaling a return to Bitcoin accumulation after the company spent recent months strengthening its cash position and adjusting its capital strategy.

Key Takeaways

• Michael Saylor hinted that Strategy may have resumed buying Bitcoin for the first time since June 22.
• Saylor posted “We’re Back” on X, a message widely interpreted as signaling another Bitcoin purchase.
• Bitcoin was trading near $79,000, up roughly 24% over the past 30 days.
• Strategy recently raised about $2 billion through sales of MSTR shares to increase its U.S. dollar reserves.
• The company has also stopped selling Bitcoin and begun repurchasing its STRC preferred stock.
• A return to Bitcoin purchases would mark another shift in Strategy’s evolving capital-allocation strategy.

Strategy Executive Chairman Michael Saylor is signaling that the world’s most prominent corporate Bitcoin investor may be back in the market after a roughly two-month pause in purchases.

Saylor posted a Strategy Bitcoin holdings chart on X accompanied by the message “We’re Back,” suggesting the company may have acquired additional Bitcoin for the first time since June 22.

The apparent return to buying comes as Bitcoin rebounds toward $79,000 and Strategy reshapes its balance sheet following an unusual period in which the company stepped away from its longstanding accumulation strategy.