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Michael Saylor finally wants to sell Bitcoin
Strategy Inc. (NASDAQ: MSTR) reported a net loss of $12.54 billion for the first quarter of 2026. The loss was almost entirely driven by a $14.46 billion unrealized loss, as Bitcoin price crashed to $62,000 during the quarter, thanks to the United States-Israel-Iran war. However, things might change in how the company handles its existing Bitcoin (BTC) stash. Strategy continued buying Bitcoin throughout the quarter despite the volatility. In fact, the company purchased 89,599 BTC in the first quarter at an average price of $80,900, totaling $7.3 billion. As of May 3, it held 818,334 Bitcoin, roughly 3.9% of all ... (full story)
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