MicroStrategy’s $19.3 Billion Bitcoin Gains: Impending Tax Liabilities Explained and Their Impact on the Company’s Future
MicroStrategy, led by CEO Michael Saylor, may face hefty tax liabilities related to its $19.3 billion in unrealized Bitcoin gains. The company holds over 450,000 BTC, worth more than $48 billion, including a recent $243 million purchase of Bitcoin at lower prices. Due to the 2022 Inflation Reduction Act, MicroStrategy could be subject to a ...