Strategy (MSTR) Stock: Michael Saylor Hints at First Bitcoin Buy in Two Months

TLDR

• Michael Saylor posted “We’re Back” on X, strongly hinting Strategy is resuming Bitcoin purchases for the first time since June 22.
• Bitcoin is up more than 2.5% from Friday’s low, trading near $79,000, following a hawkish Jackson Hole speech from Fed Chair Kevin Warsh.
• Strategy paused Bitcoin buying over the summer to stabilize its balance sheet, building a $5.1 billion USD reserve and a $1.59 billion cash pool.
• The company holds 840,447 Bitcoin at an average cost basis of around $75,385, meaning the recent price recovery has pushed its position back into profit.
• Strategy’s preferred stock (STRC) climbed as high as $98 on Friday, and the company is likely to continue buybacks to push it back toward $100.

Strategy Executive Chairman Michael Saylor posted “We’re Back” on X over the weekend, sparking widespread speculation that the company is about to buy Bitcoin again for the first time in two months.

We’re ₿ack. pic.twitter.com/ciqOaCa908

- Michael Saylor (@saylor) August 30, 2026

MSTR stock was trading at $127.31 at close. Bitcoin climbed to near $79,000, up almost 1% over the past 24 hours and more than 2.5% from Friday’s low.

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