Strategy’s Bitcoin Is $2.8 Billion in Profit—Is Saylor Teeing Up a Buy?
Strategy’s Bitcoin position is back in profit after Bitcoin rose to about $79,007, lifting its 840,447 BTC stash to roughly $66.4 billion, about $2.8 billion above its average cost of $75,653. Michael Saylor posted “We’re Back” on X, fueling speculation that the company may soon resume buying. The rebound follows a rough stretch in July, when the holdings were about $13 billion underwater as Bitcoin fell near $58,000. The recovery has been driven by Bitcoin’s climb into the high $70,000s, helped by strong spot ETF inflows and a weaker dollar. Strategy has not added to its Bitcoin in about two months and has shifted toward a broader capital-management approach, including selling MSTR stock and even small amounts of Bitcoin for dividends and buybacks. Saylor did not say whether new purchases were imminent.
