Strategy Signals Return of Weekly Bitcoin Purchases
Strategy's co-founder Michael Saylor has hinted that the firm may be preparing to resume buying Bitcoin, sparking renewed speculation in the market.
In a recent post on X, Saylor wrote 'We're Back,' which some see as a signal that Strategy will restart its regular weekly Bitcoin purchases.
This is significant because Strategy had paused its routine accumulation over the summer, focusing instead on strengthening its financial foundation and stabilizing preferred stock offerings.
According to reports, Strategy built a US dollar reserve of $5.1 billion and set up a dedicated cash pool of $1.59 billion generated through large common stock offerings during this period.
The firm's reported cost-versus-market relationship with Bitcoin has also changed, pushing its overall BTC position back into positive territory after months of losses.