Saylor: Strategy plans to sell Bitcoin for tax loss harvesting

Techub News, according to CoinDesk, Michael Saylor stated during Strategy's Q1 2026 earnings call that the company is prepared to sell Bitcoin for tax loss harvesting. The company recorded an unrealized loss of $12.54 billion in Q1 and established a $2.2 billion deferred tax asset to offset future gains. The company used the same strategy in December 2022, selling 704 Bitcoins and repurchasing 810 within two days to offset previous capital gains. Proceeds from this sale will be used to repay $8.2 billion in convertible debt, buy back shares, or pay preferred stock dividends, aiming to improve the "per-Bitcoin" ratio through tax benefits.