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Strategy likely to sell bitcoin to cover STRC dividends, Michael Saylor says

The Block
Strategy chairman Michael Saylor announced the firm may sell bitcoin to fund STRC dividends, shifting from its previous "never sell" policy.

Summary

During its first-quarter 2026 earnings call, Strategy executives indicated a strategic shift regarding its bitcoin holdings. Chairman Michael Saylor and CEO Phong Le stated the firm may sell portions of its bitcoin to fund dividends for its high-yield STRC preferred stock. While maintaining its goal to be a net aggregator of bitcoin and increase bitcoin per share, the company is moving away from its long-held "never sell" stance, noting that selective sales can be advantageous for the firm's financial flexibility.

(Source:The Block)