Strategy executive chairman Michael Saylor said the company may sell part of its Bitcoin holdings to fund dividend payments and manage market expectations, marking a shift in tone from its long-standing accumulation strategy.

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“We’ll probably sell some Bitcoin to fund a dividend, just to inoculate the market, just to send the message that we did it,” Saylor said during Strategy’s first-quarter earnings call on Tuesday (Yesterday).

Strategy Considers Bitcoin for Dividends

Saylor said the aim would be to reduce uncertainty. Market participants, he added, would see that “the company’s fine, the Bitcoin‘s fine, the industry’s fine, the world didn’t come to an end.”

The comments came after Strategy reported a $12.5 billion net loss for the quarter, driven mainly by unrealized losses on its Bitcoin holdings as the asset fell 23.8%.

Strategy has accumulated Bitcoin since 2020 and has consistently described its approach as long-term holding without selling. In February, Saylor said on CNBC’s “Squawk Box,” “I expect we’ll buy Bitcoin every quarter forever.”

From Accumulation to Dividend Use Shift

The company currently holds 818,334 Bitcoin, worth about $66.7 billion. It has funded purchases through equity and preferred stock offerings, including recent instruments used to support dividend-paying structures.

The remarks are the first time Saylor has publicly indicated that Bitcoin sales could be used as part of dividend funding, contrasting with the company’s previous position of continuous accumulation.

This article was written by Tareq Sikder at www.financemagnates.com.TrendingRead More

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