Strategy's Saylor Tweets 'We're ₿ack', Fueling Speculation on Bitcoin Purchases
Strategy's co-founder and former CEO Michael Saylor sparked speculation about his company's Bitcoin (BTC) accumulation strategy on August 30, when he posted a cryptic message on X.
The tweet read 'We're ₿ack,' accompanied by a chart showing the company's over 110 BTC purchases made in the past six years.
This comes after Strategy paused its Bitcoin accumulation for two months and even announced a couple of sales, focusing instead on rebuilding its USD reserve, which climbed above $6.5 billion last week.
The firm also established a new program called USD Cash, consisting of $1.59 billion, alongside its regular greenback reserve of $5.1 billion.