MSTR in Focus as Michael Saylor Hints at Fresh Bitcoin Purchase

Strategy (NASDAQ:MSTR) stock has wavered over the past few days as Bitcoin (CRYPTO: BTC) loses momentum. After soaring to $170.80 last week, the stock closed at $158, with BTC falling from over $87,000 to $84,200. Michael Saylor is Hinting at More Bitcoin Purchases Billionaire Michael Saylor has hinted that Strategy made some more Bitcoin purchases last week. In an X post, he said "even more orange", a sign that the company continued to use its cash to buy more coins. Even more orange. pic.twitter.com/FucHwoJSzg— Michael Saylor (@saylor) September 27, 2026 Strategy normally reveals its Bitcoin purchases every Monday. In its statement last Monday, the company said that it had acquired 950 coins in the previous week. It now holds 846,000 coins valued at over $71.5 billion, much higher than its cost basis of $63.8 billion. Read Also: Circle Stock Eyes Comeback Past $100 as Arc L1, USDC, and Bond Yields Jump Strategy’s Bitcoin purchases have coincided with the recent recovery of its preferred shares. STRC, its most prominent names, ended the week at $98.54, up sharply from the year-to-date low of $69.26. Saylor and the team have used substantial resources to defend STRC. He has raised billions of dollars from MSTR share sales, which has provided the company with adequate liquidity to cover dividends in the next three years. Last week, he proposed paying its dividends daily. Bitcoin Fundamentals and Technicals are Improving On the positive side for Strategy is the fact that Bitcoin’s fundamentals and technicals are turning bullish. Data shows that spot Bitcoin ETF inflows have continued soaring. These funds have added over $2.7 billion in assets this month after adding $3.52 billion in the previous month. Its futures open interest and whale buying have continued rising as well. At the same time, Bitcoin has already formed a golden cross pattern as the 50-day and 200-day Exponential Moving Averages (EMA) crossed each other. Bitcoin is attempting to retest the important support level of $82,744, its highest level in May this year. A break-and-retest pattern is usually a bullish sign in technical analysis. BTC price chart | Source: TradingView A Bitcoin rebound would be bullish for Strategy because of its large holdings. For example, a surge to $100,000 would drive the value of these coins to over $84.6 billion, up sharply from the current $71.5 billion. Read Also: XRP Price Shows Calm Before the Storm as ETFs Near $2 Billion Milestone Image: Shutterstock