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Edition 2026-08-31

CRYPTO

Michael Saylor Signals Strategy May Resume Bitcoin Purchases

Michael Saylor announced on X that Strategy is “Back,” indicating the company may resume purchasing Bitcoin.

By cointelegraph · 54d ago · Source: cointelegraph

Full article

Michael Saylor announced on X that Strategy is “Back,” indicating the company may resume purchasing Bitcoin. Over the past two months, Strategy halted its weekly Bitcoin acquisitions and shifted focus to strengthening its balance sheet, raising $5.1 billion in a US dollar reserve and creating a $1.59 billion cash pool through common stock offerings. The firm holds 840,447 Bitcoin with an average acquisition cost of about $75,385 per coin. After Bitcoin’s price rose above $80,000, the portfolio moved from a paper loss to a profit. Saylor’s message, posted on the social platform formerly known as Twitter, signals that the company may be prepared to redeploy cash reserves into Bitcoin. No official purchase announcement has been made, and the statement reflects a shift in financial strategy rather than a confirmed transaction. The potential resumption of buying would mark the first corporate Bitcoin accumulation since the summer hiatus, contingent on continued market conditions.

Source transparency

Publisher
cointelegraph
Reliability
high
Published
8/31/2026, 10:00:23 AM
Retrieved
8/31/2026, 10:00:23 AM
Relevance
80%
Confidence
85%
Read original at cointelegraph

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