Michael Saylor Says ‘We’re Back’: 3 Reasons MicroStrategy May Resume Buying Bitcoin
Michael Saylor says MicroStrategy is again. The two-word put up landed after 10 weeks wherein the corporate, now named Strategy, purchased no Bitcoin (BTC) in any respect.
Three issues in its funds have quietly shifted. Together they clarify why merchants learn the put up as a sign, not a slogan.
Strategy’s Debt No Longer Blocks Bitcoin Buys
Strategy holds roughly $6.69 billion in {dollars}. It owes about $6.71 billion on convertible notes. The firm says that leaves web leverage at 0.1%.
The hole ran the opposite manner all summer time, making merchants value it in compelled promoting. It vanished final week, and MSTR stock rallied 12% as the 2 numbers met.
The freeze was actual, contemplating MicroStrategy final purchased BTC on June 22, including 520 BTC at $67,068. It has offered 4 instances since. August introduced $3.28 billion in recent capital, and all of it went into dollars, not Bitcoin.
The construct was deliberate as many of the money sits in a reserve for dividend funds. That reserve held $3.75 billion in July. It holds $5.10 billion now.
STRC Is Almost Back at Par
STRC is a most well-liked share that MicroStrategy sells to lift money. It pays a 12% dividend and is constructed to commerce at $100.
It closed at $97.33 on August 28, up from a 12-month low of $71.25. Below $100, it prices the corporate cash.
(*3*)
“Our goal is for STRC to commerce over time at $99 to $100. If STRC trades beneath $100, we intend to repurchase STRC shares in a daily and disciplined method,” CEO Phong Le said so within the second-quarter outcomes.
Every greenback spent shopping for STRC again is a greenback not spent on Bitcoin. Strategy sold coins in August to fund that protection. Near $97, the drain nearly stops.
The stakes have grown. STRC raised $2.47 billion in July 2025 at $90 a share, paying 9%. Today roughly $10 billion of it trades, at 12%.
Those dividends should not small. Strategy paid $400.7 million on its most well-liked shares within the second quarter alone.
Saylor Is Signaling, Not Filing
Saylor paired his put up with a chart of 840,447 cash price $65.72 billion. Hours earlier he wrote “Business as traditional.”
Neither put up is a submitting, however purchases present up in weekly stories and the subsequent one is predicted on Monday, August 31.
MicroStrategy could have purchased Bitcoin final week, however it’s also potential that they didn’t. After all, he additionally declared Bitcoin had won in July, and the shopping for stayed frozen for one more 5 weeks.
With Bitcoin traded near $79,183 as of this writing, up 1.3% in a day, MicroStrategy’s treasury is barely above water, given they paid a mean of $75,388 a coin.
The put up Michael Saylor Says ‘We’re Back’: 3 Reasons MicroStrategy May Resume Buying Bitcoin appeared first on BeInCrypto.