Michael Saylor Hints at Strategy's Return to Bitcoin Buying After Two-Month Hiatus



Strategy Chairman Michael Saylor hinted at the company's first Bitcoin buyback in two months, posting on X: "We're back" immediately after Fed Chair Kevin Warsh's hawkish speech on interest rates. Strategy currently holds over 840,447 BTC with an average cost basis of approximately $75,385 per BTC. With such a massive Bitcoin reserve, a mere few thousand dollars change in market price could alter the company's paper profits or losses by billions of dollars, directly impacting its balance sheet. Previously, the market closely monitored Strategy's actions as a key indicator for price predictions, and if the company confirms a return to Bitcoin purchases, the market could enter its next accumulation phase.
BTC-0.64%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
29 views
  • Reward
  • 6
  • Repost
  • Share
Comment
Add a comment
Add a comment
DeltaNeutralKnight
· an hour ago
You haven’t bought any for two months—getting itchy, huh?
View OriginalReply0
MatrixCollar
· an hour ago
The Fed just turned hawkish, and Saylor immediately responded—the timing is perfect.
View OriginalReply0
OnChainDigger
· an hour ago
With an average cost of $75k, has anyone calculated whether it’s still an unrealized profit or loss?
View OriginalReply0
RevokeGuard
· an hour ago
Strategy’s earnings report is even more exciting than the Federal Reserve meeting minutes.
View OriginalReply0
View More
MemeCollector
· an hour ago
When Saylor makes a move, the market shakes three times.
View OriginalReply0
  • Pinned