Strategy's Saylor Signals Return to Bitcoin Buying

Strategy's Michael Saylor has hinted at the company's return to buying Bitcoin. In a cryptic post on X, he wrote 'We're Back', which could signal the resumption of corporate Bitcoin accumulation.

The company paused its weekly Bitcoin purchases over the summer, focusing instead on bolstering its balance sheet and stabilizing preferred stock offerings.

Strategy's industry-leading BTC treasury, worth more than 840,447 coins at an average cost basis around $75,385, had become deeply underwater due to recent market volatility.

However, with Bitcoin's price recovery past the $80,000 threshold, Strategy's overall position is now back in positive territory for the first time in months.