Strategy’s Bitcoin Profit Tops $2.8B as Saylor Signals Buying Resumption
What happened: Michael Saylor posted "We're ₿ack" on X, sharing a chart showing Strategy's 840,447 BTC holdings—now worth about $66.
What happened: Michael Saylor posted "We're ₿ack" on X, sharing a chart showing Strategy's 840,447 BTC holdings—now worth about $66.4 billion, putting the company $2.8 billion above its average cost basis of $75,653 per BTC. This marks the first time in months that the position is in the green, following a two-month pause in BTC purchases since June 22, 2026. The company recently raised $334 million via equity sales, not Bitcoin, and maintains a nearly flat net leverage position.
Why it matters: Saylor's post is widely interpreted as a signal that Strategy may soon resume its regular Bitcoin purchases, which have historically influenced market sentiment and price action. The return to profit territory could embolden further institutional accumulation, but confirmation will depend on the company's formal disclosures. The episode also reflects the volatility of large corporate crypto treasuries, which swung from a $13 billion paper loss in July to multi-billion-dollar gains as BTC rebounded.
Source: Decrypt, CoinDesk, Cointelegraph