MicroStrategy Executive Chairman Michael Saylor signaled renewed Bitcoin purchases after a two-week pause, hinting at a possible resumption of activity.

Bitcoin was trading near $81,300, well above the pre-rebound low around $75,000, complicating the assessment of a dead cat bounce from a technical standpoint.

As of mid-September, MicroStrategy owned about 845,050 BTC purchased at a total cost of roughly $63.73 billion, with an average price around $75,412 per coin.

In the week ending September 13, MicroStrategy allocated $139.3 million to buying back preferred shares, leaving about $1.30 billion in its dedicated BTC purchase fund.

The renewed activity sparked debate: angel investor Jason Calacanis labeled it a dead cat bounce, while ARK Invest founder Cathie Wood challenged that view based on her firm’s research.

MicroStrategy discloses Bitcoin purchases on Mondays, so the next filing will confirm any new activity.

Saylor posted an image captioned “A little more orange” on a chart of the firm’s Bitcoin holdings, a signaling cue tied to disclosures.

SEC filings showed no Bitcoin buying or selling between September 8 and September 13, and the prior week showed the same inactivity, indicating a lull.

The renewed focus on MicroStrategy’s activity occurs amid broader questions about whether Bitcoin’s rebound is sustainable or a dead cat bounce.

Investors and analysts are closely watching Monday filings and Saylor’s social posts for signs of resumed purchases.

The last confirmed purchase was 4,603 BTC for $369.7 million, disclosed August 31, ending a 10-week buying pause.