Strategy, the company with the world’s largest publicly traded bitcoin portfolio, has brought forward the idea of selling some of its bitcoins in order to provide resources for dividend payments. Michael Saylor, Chairman of the Executive Board of the company, emphasized that they were considering this option at the meeting where the financial results for the first quarter of 2026 were shared.
Company’s bitcoin policy and current position
Strategy holds approximately 818,334 bitcoins and the average purchase cost is $75,537. The company’s search for resources continues due to both the net loss on its balance sheet and its liabilities. Following the reported net loss of $12.54 billion in the fourth quarter, alternative financing avenues were discussed to cover dividend and interest payments.
The company’s total dividend obligation is approximately $1.5 billion. This figure includes both annualized preferred stock dividends and interest payments on past debts. The company’s dollar reserves are calculated to be sufficient to pay approximately 18 months of dividends in case of default.
Bitcoin sale is on the agenda
In the company’s main strategy, bitcoin is purchased using credit, then bitcoin is expected to gain value in the long term, and dividend obligations are fulfilled by selling the asset when necessary. Michael Saylor stated that this method aims to prevent a possible market panic and that they want to give the message to the market that ‘We took this step’.
“We will probably sell some bitcoin and pay dividends, so we can warn the market and give the necessary message,” said Michael Saylor.
Saylor also explained the current model as “buying bitcoin, waiting for its value to increase, and then selling a certain amount to pay dividends.”
Market impact after financial results
Strategy shares fell more than 4 percent in after-hours trading following the announcement. Additionally, the price of bitcoin fell below $81,000. CryptoAppsy According to data, the price of bitcoin fell below the $ 81,000 level in a short time after the announcement.
The company’s bitcoin-focused growth strategy continues to create volatility in the market. The impact of such decisions on investor sentiment is closely monitored.
