Michael Saylor Teases Next Bitcoin Buy With 'Back To Work' Post
Michael Saylor has once again fueled speculation about Strategy acquiring more Bitcoin following the company's recent sale. He dropped a cryptic post on social media to hint at the move, because nothing telegraphs "we're about to deploy nine figures" quite like a Wednesday afternoon gif.
Michael Saylor Hints At Strategy Resuming Bitcoin Buying
On Wednesday, June 3, Michael Saylor posted, "₿ack to Work." The latest message notably deviated from his previous Bitcoin-related posts. For one, it did not include the company's well-known Bitcoin tracker, the "Orange Dots" chart. It also strayed from the usual Sunday post trend. Instead of the chart, the post featured a gif showing Michael Saylor energizing himself against a Bitcoin-focused backdrop.
It's an interesting time for Strategy given the teaser. Earlier this week, the company announced the sale of a part of its Bitcoin holdings in a filing made with the U.S. Securities and Exchange Commission.
₿ack to Work pic.twitter.com/MmDLwySJpn — Michael Saylor (@saylor) June 3, 2026
Michael Saylor's Strategy sold 32 BTC valued at approximately $2.5 million between May 26 and May 31. The average price of the sale was $77,135 per BTC. It sparked massive online discussions as the firm shifted from its "never sell" mantra to "probably sell some of its Bitcoin." The proceeds are expected to go toward preferred stock obligations. Nevertheless, Strategy remains the biggest corporate Bitcoin holder with a total of 843,706 BTC worth over $56 billion as of now.
MSTR Stock Update
The filing also revealed that the company raised an additional $128.3 million through sales of MSTR shares. Meanwhile, Strategy had some $900 million in its USD reserve account.
MSTR stock performance in recent months. Source: Yahoo! Finance
Market reaction has been negative. MSTR stock declined by over around 9% on Tuesday, June 2. Further, the MSTR share price is down by nearly 26% in the last month. The drop comes amid investor uncertainty on whether or not Michael Saylor's company will actually sell more of its Bitcoin.
To add to that, blockchain watchers recently spotted Strategy's Bitcoin transfers to Coinbase Prime. Meanwhile, the company has also repurchased $1.5 billion convertible notes at a discount using its cash resources in the past. At the time, it halted its BTC purchase spree, which hasn't restarted as of yet. Those loo
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