MicroStrategy may sell Bitcoin to fund dividends after reporting a $12.54B Q1 loss.

MicroStrategy's executive chairman Michael Saylor indicated the company might sell some of its 818,334 Bitcoin holdings to fund dividend payments following a significant $12.54 billion net loss in Q1, largely due to Bitcoin's lower value. This marks a shift from the company's previous stance of holding and accumulating Bitcoin without selling. The potential sale aims to reassure the market about the company's financial health and ability to meet dividend obligations, which total about $1.5 billion annually. Despite the loss, MicroStrategy has increased its Bitcoin holdings by 22% this year and continues to emphasize Bitcoin gains as central to its strategy.