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Michael Saylor hints at new Bitcoin buys amid a volatile market and recent BTC sell-offs.

Market News
31 Aug 2026
AMBCrypto
View Source
Neutral
pluang ai news

Michael Saylor's recent tweet suggests his firm, Strategy, may resume buying Bitcoin after selling 6,916 BTC in 2026. Strategy currently holds about 840,447 BTC valued at $65.72 billion, with unrealized gains of roughly $2.13 billion. Despite a 23% Bitcoin price surge in the past month, the rally lacks strong spot market demand, raising concerns about its sustainability. Additionally, large BTC transfers by Wintermute to Binance hint at possible increased sell-side pressure, though not necessarily a sell-off. Investors remain cautious as Strategy's stock price has dropped 16.22% year-to-date amid these mixed signals.

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