Strategy reported a $12.54 billion Q1 2026 net loss driven mainly by a $14.46 billion unrealized Bitcoin loss, while Michael Saylor said purchases would resume after a pause and some Bitcoin could be sold to meet obligations.
Strategy reported a first-quarter 2026 net loss of about $12.54 billion, driven primarily by a $14.46 billion unrealized loss on its Bitcoin holdings. The company said it held 818,300 Bitcoin at an average cost of $75,537, though earlier reporting cited 818,334 BTC, a minor discrepancy retained from the source material. Ahead of earnings, Michael Saylor said there would be “No buys this week,” indicating Strategy had temporarily paused its regular Bitcoin purchases and expected to resume them the following week. Saylor also said some Bitcoin could be sold to help meet roughly $1.5 billion in annual dividend and debt-interest obligations, signaling a more flexible approach than the company’s longtime association with a “never sell” stance. Separately, executives described STRC as a “big success,” although the provided materials do not define STRC or explain its contribution to quarterly results.