Daan Crypto Trades
Daan Crypto Trades|Aug 31, 2026 08:34
Saylor likely bought bitcoin:native again this week. A few things: - He raised a lot through the ATM stock offering last week. With which he created the new "USD Cash" section with $1.5B+. That one would be freely used for whatever they'd see fit. I don't want to see him having deployed that entire clip here. I'd rather see them use it in some kind of dip to signal he'd use it during those situations. - I suspect they raised through ATM again. Ideally he added some to the USD Cash and some to buy bitcoin:native. That'd be the ideal signal of strength to me. Also to signal they are done adding to their USD Reserve for the time being. If nothing gets added to the USD Reserve at all, and simply to the USD cash/BTC buys then that'd signal to me they are back into buying mode and no more playing defensive. - Also interested to see if STRC got any buys at all. What I found noteworthy is the fact that the USD reserve was topped up to $5.1B last time. Even though we're talking insane amounts of money, Saylor does seem to like to round off amounts. So I was surprised it wasn't a flat $5B. So I could see a case where they deployed that $100M into STRC this week and then just sit on the $5B for a while now. Hoping it repegs the last $3 itself over time. We'll know more in a little bit. But the one thing that remains clear is that Saylor is definitely not what is necessary to push this market. We just had Bitcoin's biggest weekly candle in over 3 years, without a single buy from Saylor. So hopefully that + him having sold over the past few months can take away some of the heaviness investors attribute to them.(Daan Crypto Trades)
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