Saylor suggests Strategy could disclose more Bitcoin purchases

Strategy Chair Michael Saylor indicated on Sunday that the company could announce fresh Bitcoin purchases. Saylor posted Strategy's Bitcoin accumulation chart on X and wrote, "A good time to add more dots." The chart uses orange circles to mark each purchase, and Saylor's weekend posts usually preceded purchase disclosures on the following Monday. That pattern has not held recently. Strategy halted new Bitcoin purchases from late June through early August and sold 6,916 BTC to strengthen its cash reserves. The company ended the two-month buying pause on Aug. 31 by acquiring 4,603 BTC for $370 million, at an average price of $80,382 per coin. No further acquisitions have been reported since. As of the time described, Strategy held 845,050 BTC worth nearly $69 billion. The article also states that the company had nearly $9 billion in unrealized losses on its Bitcoin holdings and that the firm reported unrealized gains exceeding $5 billion on its BTC holdings. Bitcoin rose more than 5% last week as the SEC's effort to create a cryptocurrency regulatory framework, including tokenized U.S. stocks, outweighed the failure of the CLARITY Act. Strategy shares closed 16.39% higher at $153.92 in Friday's regular trading session. Benzinga's Edge Stock Rankings showed a stronger short- and medium-term price trend for the stock but a weaker long-term trend.