{"id":76578,"date":"2026-08-09T15:55:16","date_gmt":"2026-08-09T15:55:16","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/saylor-drops-doing-business-message-sparks-strategy-bitcoin-mystery\/"},"modified":"2026-08-09T15:55:16","modified_gmt":"2026-08-09T15:55:16","slug":"saylor-drops-doing-business-message-sparks-strategy-bitcoin-mystery","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/saylor-drops-doing-business-message-sparks-strategy-bitcoin-mystery\/","title":{"rendered":"Saylor Drops &#8216;Doing Business&#8217; Message, Sparks Strategy Bitcoin Mystery"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Saylor posted Strategy\u2019s bitcoin chart on X on Aug. 9 with two words.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Strategy\u2019s bitcoin was worth about $55 billion on the morning of Aug. 9.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The company\u2019s ledger shows four sales and no purchase since June 22.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Two Words, No Answer<\/h2>\n<p>Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR), stirred fresh speculation over the company\u2019s next bitcoin move after <a href=\"https:\/\/x.com\/saylor\/status\/2086437347193975069\" target=\"_blank\" rel=\"noopener noreferrer\">posting a familiar bitcoin tracker chart<\/a> on X on Aug. 9. Above the chart, Saylor added only two words: \u201cDoing Business.\u201d The cryptic message immediately drew attention because similar tracker posts have often preceded Strategy\u2019s weekly updates on its massive bitcoin holdings.<\/p>\n<p><\/p>\n<p>Those weekend chart posts have frequently preceded Strategy disclosures showing fresh bitcoin purchases, and traders often treated them as a heads-up. The tell stopped working this summer. Saylor\u2019s last weekend message <a href=\"https:\/\/news.bitcoin.com\/featured\/bitcoin-drive-engaged-saylors-new-message-sparks-buy-speculation\/\">sparked buy speculation<\/a>, then the filing showed a sale.<\/p>\n<h2>The Chart Was Already Stale<\/h2>\n<p>Saylor\u2019s screenshot showed a reserve worth $54.66 billion, 113 purchase events going back to Aug. 10, 2020, and an average cost of $75,653 per coin. Red text put the position 14.21% under water, an unrealized loss of $9,050,924,050.<\/p>\n<p>Strategy\u2019s own dashboard moved little on that picture over the following hour. It put the combined reserve at $58.89 billion as of 10:06 a.m. ET, up $372 million on the day, a figure that includes $4 billion of dollars alongside the coins. Bitcoin alone accounted for roughly $54.9 billion, around $65,180 per coin, leaving the position about $8.6 billion below cost and keeping the argument over <a href=\"https:\/\/www.bitcoin.com\/get-started\/bitcoin\/basics\/is-bitcoin-a-store-of-value\/\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin as a store of value<\/a> very much alive.<\/p>\n<p>Filings put the cost basis at $75,419 per coin, or about $63.51 billion spent including fees. Strategy describes itself as a bitcoin treasury company and has adopted bitcoin as its primary treasury reserve asset, while also maintaining a multibillion-dollar U.S. dollar reserve. Its stack works out to 4.01% of every bitcoin that will ever exist.<\/p>\n<h2>The Buyer Turned Seller<\/h2>\n<p>Strategy\u2019s public ledger is the clearest evidence of the shift, and it runs to 117 entries. An Aug. 3 <a href=\"https:\/\/assets.contentstack.io\/v3\/assets\/bltf8d808d9b8cebd37\/blt53febefa2beb0bb8\/6a7111527c52410c8ce72a64\/form-fwp_08-03-2026.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">filing with the U.S. Securities and Exchange Commission (SEC)<\/a> covered 1,638 BTC sold for about $104.73 million between July 27 and Aug. 2, at an average of $63,957.<\/p>\n<p>Three more disposals appear on the same table. The company reported 2,225 coins gone on July 6 at $60,773 each, another 1,363 on June 30 at $59,256, and 32 BTC on June 1 at $77,135. Three of the four sales were executed below the company\u2019s average purchase price.<\/p>\n<figure id=\"attachment_838194\" aria-describedby=\"caption-attachment-838194\" style=\"width:1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-838194 size-full\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/strategy-bitcoin-sales.jpg\" alt=\"\" width=\"1024\" height=\"222\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/strategy-bitcoin-sales-300x65.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/strategy-bitcoin-sales-768x167.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/strategy-bitcoin-sales.jpg 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption id=\"caption-attachment-838194\" class=\"wp-caption-text\">Strategy bitcoin ledger showing four sales between June 1 and Aug. 3, 2026. Source: Strategy Inc.<\/figcaption><\/figure>\n<p>Capital has been <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/strategy-completes-third-bitcoin-sale-of-2026-keeps-842138-btc\/\">flowing toward preferred-stock dividends<\/a>, STRC repurchases, and the growing dollar reserve. The Aug. 3 disclosure marked the third selling episode of 2026, with the June 30 and July 6 entries covering a single sale that straddled two reporting weeks. The company bought back 912,143 STRC shares for $81.2 million.<\/p>\n<p>Behind all of it sits an <a href=\"https:\/\/www.strategy.com\/press\/strategy-announces-second-quarter-2026-financial-results_07-30-2026\" target=\"_blank\" rel=\"noopener noreferrer\">$8.22 billion net loss for the second quarter<\/a>. The ledger\u2019s own scorecard has followed the price down: BTC yield, the company\u2019s measure of bitcoin added per share, reads 3.5% for the year and negative 4.6% for the current quarter.<\/p>\n<h2>What Happens Next Week<\/h2>\n<p>The stock closed at $100.01 on Aug. 7, up $3.16 or 3.26%, for a market value of $38.77 billion \u2014 less than the bitcoin sitting on the balance sheet. It is down 75% over 12 months, which is a long way from <a href=\"https:\/\/news.bitcoin.com\/featured\/strategy-sets-bold-goal-to-become-the-worlds-largest-public-company\/\">the stated goal of becoming the world\u2019s largest public company<\/a>.<\/p>\n<p>Shareholders also stand behind $6.75 billion of debt and $15.35 billion of preferred stock, leaving a net reserve of $36.79 billion and an annual interest and dividend bill of $1.75 billion. Saylor has pointed to bitcoin-backed credit as the <a href=\"https:\/\/news.bitcoin.com\/featured\/michael-saylor-identifies-the-next-billion-dollar-finance-opportunity\/\">next billion-dollar finance opportunity<\/a>, a way to earn from the stack instead of shrinking it. Strategy\u2019s next filing could reveal whether \u201cDoing Business\u201d means another bitcoin sale, a return to buying, or a different capital-management move.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/featured\/saylor-drops-doing-business-message-sparks-strategy-bitcoin-mystery\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Saylor posted Strategy\u2019s bitcoin chart on X on Aug. 9 with two words. Strategy\u2019s bitcoin was worth about $55 billion on the morning of Aug. 9. The company\u2019s ledger shows four sales and no purchase since June 22. Two Words, No Answer Michael Saylor, executive chairman [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":76579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76578"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=76578"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76578\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/76579"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=76578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=76578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=76578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}