2 hours ago
Michael Saylor Says CAMT No Longer a Barrier as Strategy Eyes $1 Trillion in BTC
FinancebitcoinBitcoin HoldingsBitcoin priceBTCCAMTCorporate TaxCryptoirsMichael SaylorMSTRStrategyTreasury
TLDR: Treasury and IRS interim guidance allow Strategy to exclude unrealized Bitcoin gains from CAMT liability. Strategy recently bought 196 BTC, bringing total Bitcoin holdings to 640,031 coins. The average cost basis of Strategy’s Bitcoin vault is approximately $73,983 per BTC. Michael Saylor plans to build Strategy’s Bitcoin treasury toward a $1 trillion asset pile. [...]
The post Michael Saylor Says CAMT No Longer a Barrier as Strategy Eyes $1 Trillion in BTC appeared first on Blockonomi.
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