Strategy says it may sell BTC for dividends as $12.5B loss raises treasury questions

Strategy (Nasdaq: MSTR) indicated it could sell some bitcoin to help fund dividends after reporting a roughly $12.5 billion first-quarter 2026 net loss largely linked to bitcoin's quarterly decline. The company reports holding 818,869 BTC, valued at about $67 billion, as investors weigh liquidity, dividend coverage, and obligations tied to preferred securities.