Strategy Saylor Declares 'We're Back' as Bitcoin Buying Spree Resumes

Strategy's Michael Saylor recently sent out a cryptic signal on X (formerly Twitter) indicating that his company is ready to resume buying Bitcoin. The post, which simply read 'We're Back', has significant psychological weight for market watchers given Saylor's history of dropping teasers before official announcements. Over the past two months, Strategy had paused its regular weekly Bitcoin purchases, instead focusing on bolstering its balance sheet and stabilizing its preferred stock offerings.

The firm used this period to generate a $1.59 billion cash pool through massive common stock offerings and build a $5.1 billion US dollar reserve. However, with recent macro momentum pushing Bitcoin past the $80,000 threshold, Strategy's overall position has turned positive for the first time in months. Saylor's declaration marks not only a return to profitability but also a renewed offensive for the world's largest corporate Bitcoin treasury.