Reported about 6 hours ago
A recent accounting rule change has allowed Tesla to report a $600 million profit from its bitcoin holdings, representing about 26% of its fourth-quarter income. Conversely, this rule poses a risk for MicroStrategy, potentially leading to billions in taxes due to unrealized gains. The new guidelines enable companies to value their bitcoin in real-time rather than only when sold, which could result in a significant tax bill for MicroStrategy starting in 2026.
Source: YAHOO