MicroStrategy had a busy period of major involvement in the crypto market, mainly
Bitcoin. It has recently faced
tax scrutiny over unrealized gains amounting to billions due to its Bitcoin investment. The company made a significant bet on Bitcoin, making it a formidable player. This aggressive stance saw its
shares fall by 4%. Amidst
tax controversy, MicroStrategy redeemed $1.05B of
convertible notes and continued its Bitcoin purchase streak. It went as far as approving an
expansion of its shares to fuel more
Bitcoin purchases, resulting in adding 11,000 Bitcoins to its holdings. Although facing potential
tax liabilities on unrealized gains, the bold move sparked corporate crypto interest. A possible
multibillion-dollar tax bill looms in 2026. In an unexpected turn of events, MicroStrategy's stock is seen to rival
Amazon. Despite pulling back, there is widespread speculation about its trajectory over the next five years. The company achieved
record Bitcoin gains that reinforced its crypto strategy and is facing potential tax on its Bitcoin windfall due to the Inflation Reduction Act. The bold strategy redeemed over $1B in convertible notes while still facing a potential
tax upheaval.
Microstrategy News Analytics from Wed, 15 Jan 2025 08:00:00 GMT to Sat, 25 Jan 2025 20:31:26 GMT -
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- Innovation 6
- Information 8
- Rumor -4
