Saylor Signals End to Two-Month Pause, Preps Strategy’s $6B Reserve for Bitcoin Purchases

Michael Saylor released a cryptic "We're Back" message on X, signaling that Strategy is ready to resume its corporate Bitcoin purchasing after a quiet summer. The firm holds a massive 840,447 Bitcoin at an average cost basis of $75,385, which recently returned to profitability as the asset crossed the $80,000 threshold. Management spent the last two months pausing purchases to stabilize preferred stock offerings, resulting in a new $5.1B US dollar reserve and a $1.59B cash pool. The return to buying follows a challenging market stretch that temporarily left the industry's largest corporate treasury operating at a paper loss.