PANews reported on May 6th that, according to CoinDesk, Strategy disclosed a net loss of $12.54 billion in its Q1 2026 earnings report, holding 818,300 Bitcoins at an average cost of $75,537. Executive Chairman Michael Saylor stated in the earnings call that the company may sell some of its Bitcoin holdings to pay dividend obligations, saying, "We may sell some Bitcoin to pay dividends to send this signal to the market." Strategy's annual dividend and debt interest obligations are approximately $1.5 billion, and it has about 18 months of dividend coverage based on its dollar reserves. Saylor described the model as "buying Bitcoin with credit, letting it appreciate, and then selling the Bitcoin to pay dividends." Following the announcement, Strategy's stock price fell more than 4% in after-hours trading, and Bitcoin fell below $81,000.