Saylor's X Post Sparks Speculation Over Bitcoin Purchases
Michael Saylor's recent X post has sparked speculation that Strategy Inc. (NASDAQ:MSTR) may resume its Bitcoin (CRYPTO: BTC) purchases, which have been paused since June.
The company's CEO highlighted the firm's accumulation chart on social media, using orange dots to represent Bitcoin buys and 'We're ₿ack' as a caption.
This move has led some to wonder if Strategy will restart its buying spree, given that Saylor's weekend posts have often preceded purchase disclosures in the past.
However, there are concerns that the company may not resume purchases immediately, as it has been focused on capital raising and managing its balance sheet over the past few months.