Michael Saylor, co-founder of Strategy, signaled that the Bitcoin treasury company will continue to buy BTC this week, after Tuesday’s earnings call, during which he said that the company may occasionally sell parts of its treasury.
“Back to work, BTC,” Saylor he said in X’s announcement on Sunday, the message that previously preceded the purchase of BTC, which is usually the day after his announcements.
The company last bought BTC on April 27, buying 3,273 coins for about $255 million, bringing its total holdings to 818,334 BTC. These properties were worth about 61.8 billion dollars, according to on the Strategy website at the time of publication.
Strategy’s Bitcoin Buy History Since 2020 Source: SaylorTracker.com
The company paused its BTC buying streak for a week ahead of its Q1 2026 earnings report on Tuesday, in which Saylor said the company may occasionally sell parts of its Bitcoin holdings to pay dividends to holders of its credit instruments.
The announcement appears to contradict the company’s previous stance of never selling BTC, and the sale could affect Bitcoin’s market price by introducing new selling pressure, critics of the move said.
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Strategy CEO says dividend-funded sale could “inoculate” the market
“We’ll probably sell some Bitcoin to fund the dividend, just to inject the market, just to send a message that we’ve done it,” Saylor said during Strategy’s first-quarter earnings call call.
The announcement drew mixed reactions from the Bitcoin community, with some, like Strategy investor Adam Livingston, arguing that periodic sales will increase the company’s coffers, allowing it to finance the purchase of more BTC in the future.
Strategy’s Bitcoin per share as of 2020, measured in hours, the base unit of Bitcoin. Source: SaylorTracker.com
Bitcoin advocate Samson Mow said Strategy’s ability to sell BTC gives choice and more room for maneuver in the financial markets.
Other feelings on social networks set up that Strategy’s Bitcoin sales and credit instruments will create a “doom loop” that depresses the spot market price of BTC.
Strategy CEO Phong Le clarified that the company will only sell BTC in certain cases, including paying dividend yields and deferring taxes, and that neither its sale nor purchase should affect the market price of Bitcoin.
Bitcoin’s average daily trading volume of more than $60 billion could easily absorb Strategy’s $1.5 billion in annual dividend payments owed to holders of its corporate credit products, he said. he said.
“I don’t think we’re raising the price up or down,” Le told CNBC, adding that the company owns about 4% of the total supply of BTC.
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