Michael Saylor has signaled that his Bitcoin treasury firm may resume its regular buying activity after taking an uncommon break at the end of March.
In a post on X on Sunday, Saylor shared a screenshot from StrategyTracker with the caption “Back to Work,” a move he has often made ahead of announcing new Bitcoin purchases.
The firm had paused its weekly BTC acquisitions at the end of March, marking the first interruption in its buying streak this year. Its most recent purchase, disclosed on March 23, involved roughly $77 million worth of Bitcoin at an average price of $74,326 per coin.
One of the primary ways Strategy funds its Bitcoin acquisitions is through the sale of its perpetual preferred stock, Stretch (STRC). The stock is structured to trade close to its $100 par value, supported by a mechanism that adjusts dividends on a monthly basis.
The company issues new STRC shares and channels the proceeds from those sales into Bitcoin purchases.
Estimates from STRC.LIVE suggest that, based on funds raised during the week ending April 3, Strategy could be preparing to acquire at least 1,821 BTC.
Strategy primarily finances its Bitcoin purchases by selling its perpetual preferred stock, Stretch (STRC). Designed to hover around its $100 par value, the stock maintains price stability through a mechanism that adjusts dividends each month.
The firm raises capital by issuing new STRC shares and directing those proceeds toward Bitcoin acquisitions.
According to estimates from STRC.LIVE, the funds raised in the week ending April 3 could support a purchase of at least 1,821 BTC.
