A Strategy Bitcoin purchase appears imminent. On Sunday, Saylor posted “Back to Work” on X, sharing a screenshot from StrategyTracker. That chart is his signature pre-announcement signal. And after a rare week off at the end of March, the firm is ready to resume its weekly buying spree.
Why This Strategy Bitcoin Purchase Matters
Strategy’s last purchase was on March 23: $77 million worth of BTC at $74,326 per coin. Then, silence for a week. That broke the first weekly buying streak of 2026. But now, Saylor’s teaser suggests the machine is running again.
How does Strategy fund these buys? Primarily through the sale of its perpetual preferred stock, Stretch (STRC). The stock is designed to trade around its $100 par value, supported by a monthly dividend adjustment mechanism. Strategy issues new STRC shares and funnels the proceeds directly into Bitcoin.
According to estimates from STRC.LIVE, funds raised for the week ending April 3 could support a Strategy Bitcoin purchase of at least 1,821 BTC. That’s roughly $126 million at current prices.
The Bigger Picture: Still Underwater, Still Buying
Strategy now holds 762,099 BTC total, acquired at an average cost of $75,694 per coin. With Bitcoin trading near $69,100, the firm’s holdings are in the red overall. But that hasn’t stopped them. In late March, Strategy announced plans to raise $44.1 billion to fund future BTC purchases via MSTR shares and STRC.
Bitcoin is up 1.2% over the last 30 days but still down 20.9% year-to-date. Geopolitical tensions and a tough macro climate haven’t shaken Saylor’s conviction. He’s buying the dip again.
My Thoughts
Saylor’s “Back to Work” is more than a meme. It’s a psychological anchor for the market. When the world’s largest corporate Bitcoin holder resumes buying after a rare pause, it signals confidence despite macro chaos. The fact that Strategy is buying at prices below their average cost is classic dollar-cost averaging. They’re not timing the bottom; they’re accumulating regardless. The STRC funding mechanism is elegant – preferred stock buyers get yield, Strategy gets BTC. With $44.1 billion in the pipeline, this drip-feed of institutional demand could help absorb miner sell pressure. Watch for the formal announcement. If it’s over 1,800 BTC, expect a short-term sentiment boost.
