Strategy Hints at Resuming Bitcoin Purchases Amid Whale Activity

A major institutional signal arrived as Michael Saylor hinted that Strategy could soon resume Bitcoin accumulation. The Executive Chairman of Strategy posted his trademark message, 'Bitcoin Drive engaged,' ahead of the company's weekly portfolio update.

The move sparked speculation that Strategy could resume purchasing BTC after pausing acquisitions for over five weeks. The company currently holds 843,775 BTC, making it the world's largest corporate Bitcoin holder.

A dormant wallet holding 16,400 BTC worth over $1.04 billion transferred its entire balance to a newly created address after remaining inactive for nearly seven months. This move has drawn attention from market participants, with large dormant wallets often coinciding with periods of elevated volatility.