MicroStrategy Faces Billions in Taxes
MicroStrategy Incorporated (NASDAQ:MSTR) on Friday announced its plan to redeem its $1.05 billion convertible senior notes ...
New rules could tax unrealized gains on bitcoin holdings at large companies.
This comes as the company continues its relentless Bitcoin buying spree, now holding 461,000 BTC worth around $48.65 billion.
Buying $1000 In MSTR: If an investor had bought $1000 of MSTR stock 20 years ago, it would be worth $51,323.25 today based on a price of $371.07 for MSTR at the time of writing.
MicroStrategy said that it’s taking measures to manage $1.05 billion in corporate debt accumulated while stockpiling Bitcoin.
Bitcoin bonds” offer insurers a less risky way to purchase cryptocurrency.
MicroStrategy shares closed down Wednesday, due to a decline in Bitcoin's price, which dropped 1.73% to $104,313.65.
Benchmark maintains its buy rating on MSTR with a price target of $650. As of Monday, MicroStrategy purchased a further 2,530 ...
Financial writer highlights MicroStrategy Incorporated's potential buying opportunity and outperformance compared to Bitcoin.
MicroStrategy bought another 11,000 Bitcoin for $1.1 billion ahead of Trump's inauguration. Total holdings are now at 461,000 ...
MicroStrategy commands 461,000 BTC worth $48.65 billion and could owe up to $2.9 billion in federal taxes. MicroStrategy ...