Michael Saylor has hinted that Strategy could soon resume its aggressive Bitcoin buying activity after briefly pausing acquisitions last week. The renewed speculation follows a cryptic social media post that many investors believe points toward another major BTC purchase announcement.
On Sunday, Saylor posted the phrase “Back to work” on X alongside the company’s well-known “Orange Dots” chart. The chart has become closely associated with Strategy’s Bitcoin accumulation history and is frequently shared before the company reveals new BTC acquisitions.
The post immediately fueled expectations that the company may announce another Bitcoin purchase as early as Monday, May 11, following its established reporting pattern.
Earlier this month, Strategy temporarily paused its Bitcoin buying activity ahead of its May 5 earnings report. The pause ended a four-week streak of continuous weekly Bitcoin purchases that had attracted significant attention across the crypto market.
Prior to suspending acquisitions, the company had also raised roughly $82 million through its MSTR at-the-market stock offering program. Based on Bitcoin prices at the time, the capital could have funded the purchase of more than 1,000 BTC. However, the firm decided not to deploy the funds immediately, likely due to earnings-related considerations and broader operational timing.
Speculation surrounding another acquisition increased after Saylor previously acknowledged that the company made no Bitcoin purchases during the latest reporting week. At the time, he stated, “No buys this week,” but later reassured investors by adding, “Back to work next week.”
The latest comments have strengthened market expectations that the Bitcoin treasury giant is preparing to restart its accumulation strategy.
Strategy currently holds approximately 818,334 BTC, making it the largest publicly traded corporate holder of Bitcoin globally. The company’s average purchase price stands near $75,537 per Bitcoin, while the total value of its holdings has climbed to roughly $66 billion based on current market prices.
The company’s most recent acquisition took place last Monday, when it purchased 3,273 BTC worth around $255 million at an average price of $77,906 per coin. Although substantial, the purchase marked a sharp slowdown compared to the company’s massive $2.54 billion Bitcoin acquisition announced on April 20.
The reduced pace of buying had sparked discussion among crypto investors, especially after Strategy spent much of April aggressively increasing its Bitcoin reserves. Many traders viewed the temporary pause as unusual given the company’s long-term bullish stance on Bitcoin.
Despite the slowdown, Saylor continues to reinforce his strong commitment to BTC accumulation, and the latest signals suggest the company may soon resume expanding its already massive Bitcoin treasury.
