Strategy Hints at Resumed Bitcoin Buying with Cryptic Post
Strategy Inc., the publicly traded company led by Michael Saylor, has sparked renewed speculation about its next move in Bitcoin. In a cryptic post on X, Saylor hinted that 'We're Back' with an attached chart showing Strategy's holdings of 840,447 BTC. This comes after a two-week pause in bitcoin transactions while the company accumulated $6.69 billion in dollar liquidity.
The chart showed Strategy's reserve valued at $65.72 billion, which is a sharp increase from its previous valuation. The message itself contained only two words: 'We're ₿ack.' This has left investors wondering whether Strategy will continue to buy Bitcoin or signal another treasury decision.
Saylor's post followed a significant bitcoin price recovery that began on August 19, when BTC climbed above $75K and reached around $81K by August 27. The company's capital shift had halted bitcoin buying while lifting combined dollar liquidity to $6.69 billion.