Strategy (MSTR), the world’s largest publicly traded company holder of bitcoin, floated the thought of selling bitcoin so as to cowl its dividend obligations.
Executive Chairman Michael Saylor instructed, throughout its Q1 2026 earnings name, the corporate could promote a portion of its bitcoin holdings to fund dividend funds, stating: “We will probably sell some bitcoin to pay a dividend just to inoculate the market and send the message that we did it.”
The firm disclosed a $12.54 billion net loss for This fall, whereas sustaining a complete bitcoin place of 818,334 BTC at a mean acquisition value of $75,537 per coin.
Strategy has an impressive dividend obligation of roughly $1.5 billion, together with annualized most popular inventory dividends and curiosity on excellent debt. The agency has roughly 18 months of dividend protection, primarily based on its USD reserves relative to these obligations.
Saylor described the mannequin as leveraging credit score to purchase Bitcoin, permitting it to respect, after which selectively selling parts of the asset to meet dividend commitments.
“You purchase bitcoin with credit score, you let it respect, and then you definitely promote bitcoin to pay the dividend.
Following the announcement, Strategy’s inventory fell greater than 4% in after-hours buying and selling, whereas bitcoin declined beneath $81,000.
