Strategy’s more flexible stance on selling Bitcoin now comes with new financial context. The company reported a $12.54 billion net loss in Q1 2026 and said it held 818,300 Bitcoin at an average cost of $75,537. Michael Saylor stated that Strategy may sell some Bitcoin to meet dividend obligations, adding specificity to earlier comments that the company could eventually monetize part of its treasury. The report also said annual dividend payments and debt interest total about $1.5 billion, underscoring how Strategy may use its Bitcoin reserves alongside financing obligations.