‘We’re Back’: Michael Saylor Hints Strategy May Buy Bitcoin Again

Key Takeaways

• Saylor’s cryptic post renewed speculation about a bitcoin purchase.
• Strategy held 840,447 BTC after pausing transactions for two weeks.
• Its $1.59 billion USD Cash account may finance bitcoin purchases.

Saylor Revives Strategy’s Bitcoin Purchase Mystery

Speculation over a renewed bitcoin purchase emerged Sunday after Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor posted the company’s holdings chart without describing its next treasury action. Saylor shared the cryptic message Aug. 30 on X as investors awaited Strategy’s next disclosure following two consecutive weeks without a bitcoin transaction.

The attached chart showed Strategy holding 840,447 BTC, with the reserve valued at $65.72 billion. It also plotted the company’s transactions against bitcoin’s market price and average acquisition cost. The message itself contained two words, with Saylor substituting the bitcoin symbol inside the final word as he stated:

“We’re ₿ack.”

The post functions as a potential signal rather than a transaction disclosure, leaving the company’s regulatory filings to establish whether its holdings changed. Strategy’s Aug. 24 filing with the U.S. Securities and Exchange Commission reported 840,447 BTC acquired for $63.36 billion at an average price of $75,385 per bitcoin, including fees and expenses.