Michael Saylor’s latest post triggered the market’s expectation that Strategy would return to increased bitcoin. The company disclosed that the company, formerly MicroStrategy, had not previously reported new Bitcoin purchases for approximately two months in a row, and that the latest signals had given new attention to its next SEC document.

The market is projected to warm up.

After Saylor released the expression “We're back” and added to the company's Bitcoin hold-up tracking chart, it was expected that the temperature would rise rapidly. Data from Polymarket shows that Strategy ' s announcement of the probability of repurchase of bitcoin between 25 and 31 August rose to 96 per cent, significantly above the level of about 18 per cent shortly after the posting.

However, this does not in itself amount to the company having completed the purchase, nor does it disclose the exact amount. The market is currently waiting mainly for Strategy to update the document submitted to the US SEC.

Cash reserves are in two parts

Corporate disclosures indicate that Strategy currently holds approximately $6.69 billion in cash and reserves to support its balance sheet arrangement, with Bitcoin at its core.

  • Total cash and reserves: $6.69 billion
  • Main debt service and cash pool: $5.1 billion
  • Flexible pool: $1.59 billion

Of this amount, approximately $5.1 billion was spent mainly on debt servicing, interest expenditure and priority dividends payments, while also supporting the nominal value of $100 per share of the STRC priority unit. An additional approximately $5.59 billion is classified as a more flexible cash pool, which can be used to buy bitcoin, repurchase equities or service debts, depending on market conditions.

The holder is floating and re-irrigating.

The market reaction was also related to the return of Bitcoin prices to the top of Strategy's average warehouse cost. According to the text, Strategy cumulatively held 840,447 BTCs, with an average purchase cost of approximately US$ 75,385 per item and a total purchase cost of approximately US$ 63.36 billion.

At a price of about US$ 78,719 in bitcoin, the market value of this portion of the warehouse is about US$ 66.2 billion, corresponding to an unrealized surplus of about US$ 2.8 billion. If the company subsequently confirms the new buy-in, it will mean ending the longest increase in recent months.

Additional information:It is mentioned that Strategy last disclosed the purchase of bitcoin on 22 June 2026, after which the company did not report new week increases.