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MicroStrategy wanted bitcoin rule change — not billions in tax bills

MicroStrategy rallied for an FASB change that it thought would help it properly value its bitcoin — but it could come with a nasty tax.

Adding bitcoin to balance sheets doesn’t always mean big wins

Adding bitcoin to a company’s balance sheet has been a terrific decision for the few winners and a terrible decision for others.

As MicroStrategy continues to dilute common shareholders to add bitcoin to its balance sheet, insiders continue to sell into their bids.

Heka Funds is one of the largest USDT arbitrage funds. We asked its manager to comment on Tether as well as MicroStrategy and BTC.

Bitcoin ironically dipped below $94K during the firework-filled climax to MicroStrategy founder Michael Saylor’s “$100K” New Year’s Eve party.