Saylor signals Strategy is ‘Back’ to Bitcoin buying
Michael Saylor, CEO of MicroStrategy, signaled a likely return to Bitcoin purchases with his "We're Back" post on X. This is seen as a strong psychological indicator, as his past cryptic teasers have often preceded official corporate BTC buying announcements. If true, it would resume the company's accumulation after a two-month pause. During this hiatus, MicroStrategy focused on strengthening its balance sheet, building cash reserves, and stabilizing stock offerings instead of buying Bitcoin. This break occurred while its massive BTC holdings, totaling over 840,447 coins, were at an unrealized loss. With Bitcoin's price recently surpassing $80,000, the company's position is back in profit. Saylor's message thus signals both an operational readiness to deploy capital back into Bitcoin and a psychological return to profitability for the world's largest corporate Bitcoin treasury.
cointelegraph2 год тому
