In its first-quarter 2026 report Strategy recorded a net loss of $12.54 billion, marking a third consecutive quarter with negative results.

Quarterly results and holdings

The company reported the loss for the period and disclosed holdings of 818 334 BTC, with a market value near $64 billion.

Strategy’s stated average purchase price for its bitcoin position stands at $75 537 per coin, according to the filing details released with the report.

Saylor’s statement on the investor call

On the investor call held on 05.05.2026, executive chairman Michael Saylor addressed the company’s approach to dividend funding and bitcoin holdings.

«We will likely sell a small amount of bitcoin to pay dividends — just to send the market a signal and show that we did it»

The comment represents a departure from the long-standing public stance that bitcoin would be retained rather than sold for corporate needs.

Market reaction

Following the remarks, Strategy shares traded down about 4%, while bitcoin briefly fell below $81 000 amidst the market response.

The announcement prompted short-term volatility as investors parsed the implications for the company’s asset allocation and cash-flow management.