Whale watcher says renewed steady BTC buying by Strategy would be a high-conviction bullish signal

Whale watcher says renewed steady BTC buying by Strategy would be a high-conviction bullish signal

N
News Editor
2026-08-25 10:29:49
A crypto whale known as 「Set 10 Big Goals First」 said a return to consecutive Bitcoin purchases by Strategy would be treated as a high-weight bullish signal for the market. In a post on X, the account shared Michael Saylor’s comments on Strategy’s latest capital structure adjustment and said the company had been one of the key reference points behind its call last month that BTC was forming a cycle bottom near $58,000. According to the post, the shift became notable when Strategy moved away from the market’s expectation that it would only buy and never sell, and instead started adjusting its Bitcoin and dollar reserves while optimizing its capital structure. The account said that move was viewed as an important signal at the time, and that the market later reflected it as BTC fell toward $58,000. Even after an additional negative factor tied to hardware wallet security hit confidence, Bitcoin still held the $60,000 level in the end. The account said its next focus will be whether Strategy resumes continuous BTC buying, and that such behavior would carry significant weight in its market reading.

Odaily reported that a crypto whale known as 「Set 10 Big Goals First」 said on X that if Strategy resumes consecutive Bitcoin purchases, it would treat that as a high-weight bullish signal.

The account reposted Michael Saylor’s comments on Strategy’s latest capital structure adjustment and said that, when it judged last month that BTC was nearing a cycle bottom around $58,000, Strategy was one of the key factors behind that call.

According to the post, the signal first stood out when Strategy broke with the market expectation that it would 「only buy and never sell」 and began adjusting its BTC and U.S. dollar reserves while optimizing its capital structure. The account said it viewed that change as an important signal at the time, and that the market later gave its answer.

In its telling, once the 「only buy and never sell」 assumption was broken, BTC moved down to $58,000. After that, another negative factor tied to hardware wallet security, which it said was enough to damage market confidence, was added to the mix, yet Bitcoin ultimately held the $60,000 level.

The account said it will now closely watch whether Strategy starts buying BTC continuously again, and will regard that behavior as a high-conviction signal.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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