Strategy Plans Bitcoin Sale to Fund Dividends After Recording $12.54B Q1 Loss

TLDR: Strategy reported a $12.54 billion Q1 net loss tied to a decline in bitcoin’s market price this quarter. Michael Saylor proposed selling bitcoin to cover $1.5 billion in annual dividend and debt obligations. Strategy holds 818,334 BTC at an average cost of $75,537, with roughly 18 months of dividend coverage left. MSTR stock fell [...]

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