MicroStrategy sold its Bitcoin for good reason - Crypto News

Sell Bitcoin to get cheaper Microstrategy

Some eyebrows were raised when Microstrategy sold a part of its Bitcoin holdings, even though the company then bought more. A tax loophole was the reason.

Sell at a loss then immediately repurchase
Crypto investors can reduce their capital gains tax in 2022 by selling their crypto assets at a loss and immediately repurchasing them, thanks to a regulatory distinction that crypto assets have.

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