Strategy's Bitcoin Stance Shifts: Company May Sell Holdings to Pay Dividends

Strategy, the world's largest corporate holder of Bitcoin, has caused a stir in the crypto market by hinting that it may sell some of its Bitcoin holdings to pay dividends. This development marks a significant departure from the company's previous stance of never selling Bitcoin.

The company's CEO, Michael Saylor, made the revelation during Strategy's Q1 earnings call on May 5, 2026. In response to investor questions, Saylor explained that Strategy may sell some Bitcoin to pay dividends and 'inoculate the market' by demonstrating its willingness to do so.

Strategy's decision to consider selling Bitcoin has sparked concern among investors and analysts who had previously held up the company as a proxy for Bitcoin. The news caused Strategy's shares to drop over 4% in after-hours trading, while Bitcoin's price briefly dipped below $81,000.