Michael Saylor Indicates Possible Resumption of Bitcoin Purchases for Strategy
CEO Michael Saylor suggested that MicroStrategy, now known as Strategy (MSTR), may resume buying Bitcoin after a period of inactivity. Three financial developments have shifted the company's position: its net leverage is nearly zero following $3.28 billion in fresh capital raised and added to reserves; preferred shares STRC are nearing their target price range of $99–$100, reducing pressure for costly repurchases that would otherwise divert funds from Bitcoin buys; and Saylor’s recent social media posts have been interpreted as signals rather than official filings. The company's treasury is now in a better position to support new BTC purchases. Strategy has not bought any Bitcoin since June 22 but sold four times during the freeze, using proceeds for STRC repurchases. With Bitcoin trading near $79,183 and Strategy’s average purchase price at around $75,388 per coin, a resumption of buying could influence market sentiment. The next weekly report on August 31 will confirm whether any purchases occurred last week.
Tickers: $MSTR