WSJ – MicroStrategy (MSTR) suddenly has a tax problem, and needs help from Trump’s IRS

WSJ - MicroStrategy (MSTR) suddenly has a tax problem, and needs help from Trump's IRS

After years of raising money through stock and debt offerings to buy bitcoin, MicroStrategy owns a stash worth about $47 billion, which includes $18 billion of unrealized gains. In an unusual twist, it could have to pay federal income taxes on those paper gains — even if it never sold a single bitcoin. The tax bill could total billions of dollars starting next year, according to a new disclosure this month by MicroStrategy that has received little attention.

https://preview.redd.it/1sx64pmmmxee1.png?width=786&format=png&auto=webp&s=03e9138a887bbbd00c34114e41cb8f80157f404c

Source: https://www.wsj.com/finance/currencies/microstrategy-federal-income-tax-unrealized-gains-f60b2c04?siteid=yhoof2

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