Bitcoin Surpasses $81,000 as Strategy Considers Selling Holdings

Bitcoin has continued its upward trend, surpassing $81,000 in value as major cryptocurrencies experience gains across the board.

The world's largest corporate bitcoin holder, Strategy, has signaled that it may sell a portion of its 818,334 BTC holdings to fund dividend payments. The consideration comes after the company posted a net loss due to Bitcoin's decline from its October peak.

Strategy executive chairman Michael Saylor explained that selling some Bitcoin would be a way to 'inoculate the market' and send a message about the company's intentions. He emphasized that this move is in line with the company's model, which involves buying Bitcoin with credit, letting it appreciate, and then selling it to pay dividends.

However, this approach differs from Strategy's previous stance of issuing more debt or equity to fund obligations rather than touching its BTC holdings.