Michael Saylor’s company may sell a portion of its BTC▼$65,697.00 holdings for the first time. The move aims to demonstrate market control and normalize the idea of limited sales.
Strategy, formerly MicroStrategy, has publicly acknowledged for the first time that it may sell a portion of its bitcoin (BTC) holdings. Founder and Executive Chairman Michael Saylor made the announcement during the first-quarter earnings conference call.
According to Saylor, such a sale is intended to show the market that the company is in control and that everything is fine with bitcoin and the industry. Strategy plans to remain a net buyer and continue increasing its BTC per share.
Same Strategy, More Flexibility
STRC, the perpetual preferred stock with a yield of approximately 11.5%, has already raised $8.5B. Saylor noted that if bitcoin grows more than 2.3% per year, existing reserves will be sufficient to cover dividends without selling common MSTR shares.
CEO Phong Le confirmed that Strategy will only sell BTC when it benefits the business, maintaining its focus on increasing bitcoin per share.
Read more: Bitcoin Price Slide Looks Less Like Quantum Panic, Grayscale Says
Strategy’s Q1 Performance
In the first quarter of 2026, Strategy reported a net loss of $12.5B to $12.77, primarily due to the mark-to-market revaluation of its bitcoin assets. Unrealized losses reached $14.5B. Nevertheless, BTC per share grew 18% year-over-year.
At the time of the report, the company held 818,334 BTC, worth approximately $66.5B to $66.7B. In the first quarter, it purchased 89,599 BTC, and in early Q2, it added another 56,235 BTC.
MSTR shares reacted modestly, rising 1.7% after earnings to close at $186.9.
Learn more: Bitcoin Holdings by Major Companies Worldwide 2026
