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Strategy signals resumption of Bitcoin buys after 2-month pause as BTC price rebounds above $79K.

Market News
31 Aug 2026
Blockonomi
View Source
Bullish
pluang ai news

Strategy Executive Chairman Michael Saylor hinted at restarting Bitcoin purchases after a two-month break, coinciding with Bitcoin's price rising above $79,000. Over the summer, the company focused on strengthening its balance sheet, building a $5.1 billion USD reserve and $1.59 billion in cash, while temporarily halting Bitcoin acquisitions. With 840,447 Bitcoins held at an average cost of $75,385, the recent price rebound has returned the holdings to profitability. This financial stability and Bitcoin's upward trend set the stage for Strategy to resume buying and continue preferred share buybacks, signaling renewed confidence in the cryptocurrency market.

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