Michael Saylor, the executive chairman who transformed a mid-tier software firm into the world’s largest corporate Bitcoin holder, now plans to sell a tiny portion of its massive stash to fund dividends on its STRC preferred stock.
During Strategy’s Q1 2026 earnings call, Saylor said the company would sell about 0.2% of its Bitcoin per month. But he stressed that for every Bitcoin sold, Strategy aims to buy 5 to 10 times more-ensuring it remains a net accumulator forever.
“Even if we were to sell one Bitcoin, we’d be buying 10 to 20 more Bitcoin,” Saylor said.
Strategy holds over 818,000 Bitcoin, worth north of $80 billion at current prices, making it the third-largest known holder globally. The sales are a funding mechanism for dividends, not a retreat from its core thesis.
For MSTR shareholders, the key metric is Bitcoin per share. Selling 0.2% monthly but acquiring 1-2% means the per-share Bitcoin position grows, benefiting investors. The risk lies in execution-requiring favorable markets and a Bitcoin price that makes new purchases accretive.