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MicroStrategy Faces Billions in Taxes
MicroStrategy may pay taxes on $19B Bitcoin unrealized gains
MicroStrategy, the top corporate holder of the world's first cryptocurrency Bitcoin, may pay taxes on its holdings despite never selling any.
Why MicroStrategy Faces Billions in Taxes Over Unrealized Bitcoin Gains
MicroStrategy looks set to pay billions in taxes on unrealized gains on its Bitcoin holdings. The Michael Saylor-led business intelligence firm MicroStrategy has enjoyed significant success in the past year thanks to its bold Bitcoin treasury strategy,
MicroStrategy faces potential multibillion-dollar tax on unrealized bitcoin gains
MicroStrategy (NASDAQ:MSTR), one of the largest corporate holders of bitcoin (BTC-USD), may be subject to a 15% tax on unrealized gains from its $47B bitcoin stash, according to a recent disclosure, which also noted the Michael Saylor-founded company's BTC holdings include $18B of unrealized gains.
2d
Coinbase vs. MicroStrategy: Why Coinbase Thrives Beyond Bitcoin's Price
On the other hand, Coinbase is less affected by Bitcoin price fluctuations. As long as trading volumes remain high, whether ...
cryptopolitan
43m
MicroStrategy looks to Trump’s pro-crypto administration to solve its tax problems
MicroStrategy has spent years raising money via stock and debt offerings to buy Bitcoins. Now, the company is one of the largest holders of the asset, with a ...
24/7 Wall St. on MSN
1h
5 ETFs Betting Big on Michael Saylor’s Bold Bitcoin Strategy
Michael Saylor's Bitcoin strategy has attracted plenty of fanfare. Basically, MicroStrategy (NASDAAQ:MSTR) borrows money to ...
Hosted on MSN
3d
Crypto Stocks MARA, Coinbase, MicroStrategy Gain Big on Donald Trump’s First Day
Crypto stocks surged on Donald Trump’s inauguration day. MARA led the rally, jumping 8.8% to an intraday high of $20.98.
decrypt
2d
Coinbase CEO Says Each Bitcoin Will Be Worth 'Multiple Millions' Some Day
The ghost of John McAfee's bold Bitcoin bet lives on as industry leaders make astronomical price predictions—minus the ...
3d
MicroStrategy Buys 11,000 Bitcoin, Total Holdings Reach 461,000 BTC
Business analytics firm MicroStrategy Inc. (NASDAQ:MSTR) on Tuesday announced it has expanded its Bitcoin (CRY ...
2h
Stock Market Today: Dow Falls as Strong Week Nears End; Dollar Weakens
Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
decrypt
2d
News Explorer — Coinbase CEO Brian Armstrong Projects Multi-Million-Dollar Bitcoin Price
Coinbase CEO Brian Armstrong and MicroStrategy's Michael Saylor made bold predictions about Bitcoin's future value, with ...
1h
How to Invest During a Presidency With a Deep Devotion to Profits
Big business has an inside track in the second Trump presidency, and people with a stake in those businesses have reason to ...
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