Michael Saylor has hinted that his company, Strategy, may start buying Bitcoin again after a short pause.
In a post on X, he shared a chart with the words “Back to Work.” He’s used that phrase before right before announcing new Bitcoin purchases, so many see this as a signal that buying could resume soon.
The company had been buying Bitcoin almost every week, but that streak was broken recently. Its last purchase was on March 23, when it bought about $77 million worth of Bitcoin at around $74,326 per coin.
Even with that pause, Strategy still holds a massive amount of Bitcoin — over 762,000 BTC — bought at an average price of about $75,694. With Bitcoin currently trading near $69,000, the company is sitting slightly below its average entry price for now.
To fund these purchases, Strategy has been using a special financial tool called preferred stock (STRC). In simple terms, the company raises money from investors and then uses that cash to buy more Bitcoin.
Based on recent estimates, Strategy may already have enough funds ready to buy at least 1,800 more BTC in its next move.
Looking ahead, the company has even bigger plans. It has outlined a strategy to raise over $44 billion, mostly through selling shares, to continue building its Bitcoin holdings.
In short, all signs suggest Strategy isn’t done yet. After a brief break, it looks like the company could be getting ready to jump back into buying Bitcoin again.
