Strategy Considers Bitcoin Sales to Fund Dividends After $12.54B Q1 Loss

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Michael Saylor said Strategy may sell an unspecified amount of its 818,334 BTC holdings—acquired at $75,537 each—to fund dividend payments. In Q1 Strategy reported a net loss of $12.54 billion on $124.3 million revenues, driven by $14.46 billion in unrealized Bitcoin losses.

1. Q1 Financial Results

Strategy posted a $12.54 billion net loss on $124.3 million in revenues for Q1 2026, with a $14.46 billion unrealized loss on its Bitcoin holdings and a 9.4% BTC yield achieved year-to-date.

2. Dividend-Funded Bitcoin Sale Proposal

Executive chairman Michael Saylor said the firm may sell some Bitcoin holdings to fund dividend payments and signal market confidence after financing purchases through credit.

3. Holdings and Outlook

As of March 31, Strategy held 818,334 BTC at an average cost of $75,537 per coin—up 22% year-to-date—and CEO Phong Le said sales would be considered when accretive to Bitcoin per share value.

Sources

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