Michael Saylor’s company, Strategy (MSTR), has increased its reserves to $1.44 billion this week, according to on-chain analytics firm CryptoQuant. This move suggests the company is preparing for a potential downturn in Bitcoin prices. 24-month cash buffer signifies a shift from Strategy’s previous aggressive strategy of using stock issuance to buy Bitcoin to a more conservative, liquidity-focused approach that minimizes risk during market downturns. The strategy change aligns with the prediction of analysts such as Julio Moreno, head of research at CryptoQuant, who anticipates Bitcoin prices could range between $70,000 and $55,000 in the following year, if a bear market persists.