Strategy gains $8B in market cap after IRS waiver
The IRS said that Strategy can disregard unrealized gains and losses on digital asset holdings when computing income subject to the 15% CAMT.
The IRS said that Strategy can disregard unrealized gains and losses on digital asset holdings when computing income subject to the 15% CAMT.
Options are trading for every type of share at Michael Saylor’s Strategy, except for the company’s first and most bullish preferred share.
MSTR investors have grown accustomed to outperforming BTC, but they’ve actually underperformed it for 90% of the past year.
Strategy was selling hundreds of millions of dollars worth of MSTR ahead of the company’s disappointing S&P 500 Index news.
Nadsaq may tighten transparency rules to ensure that shareholders are aware of dilutive stock offerings to buy volatile crypto assets.