MicroStrategy plans to redeem $1.05B in notes amid Bitcoin tax rule concerns, due to CAMT's impact on unrealized Bitcoin gains.
New rules could tax unrealized gains on bitcoin holdings at large companies.
MicroStrategy has announced a debt buyback for its 2027 senior convertible notes tranche, which carried a 0% coupon and totaled over $1 billion.
MicroStrategy, the business intelligence firm led by Bitcoin advocate Michael Saylor, is grappling with potential federal tax obligations tied to its massive Bitcoin holdings, according to a Wall Street Journal report.
Following MicroStrategy's 11,000 BTC acquisition for $1.1 billion, bringing its overall holdings to 461,000 BTC, interest has turned to the potential
MicroStrategy, the top corporate holder of the world's first cryptocurrency Bitcoin, may pay taxes on its holdings despite never selling any.
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
MicroStrategy Inc. bought $1.1 billion of Bitcoin, as the company gears up for a shareholder vote on a 30 times increase its authorized Class A shares.
MicroStrategy commands 461,000 BTC worth $48.65 billion and could owe up to $2.9 billion in federal taxes. MicroStrategy intends to raise $42 billion through equity
MicroStrategy's bitcoin-backed bonds attract conservative investors despite high risks. With shares surging and critics skeptical, is the bet sustainable?
MicroStrategy may have to pay taxes on its unrealized gains despite not selling any Bitcoin to make a profit. Michael Saylor’s MicroStrategy, the largest corporate Bitcoin (BTC) holder, may need to pay federal income taxes on its unrealized gains according to the Inflation Reduction Act passed in 2022.