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🚨🚨Bitcoin die-hard fans break their steadfast belief in holding, Strategy may sell Bitcoin to pay dividends
At MicroStrategy's Q1 2026 legal meeting, when asked by the supervisor how @Strategy plans to handle approximately $1.5 billion in annual dividends and interest obligations, Michylor did not brush it off with "Holding #BTC is the best strategy" as in previous years, but said:
"We will probably sell some bitcoin to pay a dividend just to inoculate the market and send the message that we did it."
We might sell some Bitcoin to pay dividends, mainly to preempt the market and send a message: we’ve already done it.
Let's look at MicroStrategy's data 📊
Strategy currently holds 818,334 bitcoins, with an average cost of about $75,537, a 47% increase in holdings in Q1 (expanding from 555,450). In scale, Strategy remains the world's largest corporate Bitcoin holder, no doubt.
The numbers in the Q1 financial report are not the main focus: a net loss of $12.54 billion, diluted loss per share of -$38.25, mainly due to an unrealized loss of $14.5 billion on Bitcoin fair value under FASB ASC 321, reflecting Bitcoin's price dropping from $87,000 to $68,000 in Q1 (about -22%).
MicroStrategy is considering selling coins mainly because its complex capital structure creates significant financial obligations:
Annual obligations: the company currently faces about $1.5 billion in annual dividends and interest payments.
Main sources: this includes dividends on various preferred stocks issued (such as $STRC ), and interest on debt on the balance sheet.
Cash flow matching: although the company holds about $2.2 billion in cash, enough to support about 18 months of payments, selling coins is seen as a more flexible asset allocation method.