Michael Saylor may sell Bitcoin to fund dividends, sparking criticism from Peter Schiff.

Michael Saylor, chair of Strategy Inc., indicated the company might sell some Bitcoin to fund dividends on its preferred stock, a shift from his previous stance of holding Bitcoin at all costs. Economist Peter Schiff criticized this move, calling the preferred stock offering a "Ponzi scheme" and predicting Saylor would rather crash the stock than Bitcoin by suspending dividends. Strategy Inc. faces financial challenges amid the Bitcoin bear market, paying $85 million monthly in dividends funded by issuing common stock. The company reported a $38.25 loss per share in Q1 but beat revenue estimates. The potential Bitcoin sale has increased market speculation, with odds rising to 48% that the company will sell Bitcoin before the end of 2026.