Michael Saylor hints at new Bitcoin purchases
6.9 Investments Michael Saylor’s post hints at Strategy resuming Bitcoin purchases after a two-month break, sparking market speculation as the company boosts liquidity.
Michael Saylor posted on social media, stating “We’re ₿ack,” alongside a tracker displaying Strategy’s Bitcoin holdings. This message has reignited expectations that the company may resume Bitcoin purchases after a two-month pause, with the last acquisition reported on June 22. During the pause, Strategy focused on strengthening its liquidity by selling assets and repurchasing STRC preferred shares, resulting in dollar reserves exceeding $6.5 billion. The company currently holds an unrealized gain of $2.8 billion as Bitcoin’s price nears $79,000. Saylor’s post has sparked market speculation about an imminent Bitcoin purchase. While some analysts interpret the message as a hint at a new acquisition, others believe it signals the company’s improved financial position.
