MicroStrategy Faces Potential Tax Burden on Unrealized Bitcoin Gains: Report

With $47B in Bitcoin holdings, MicroStrategy could face billions in federal taxes under U.S. rules taxing unrealized gains. As the IRS evaluates relief options, the firm’s negotiations may influence how cryptocurrency is treated in corporate tax frameworks, setting critical precedents for the industry.
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Ross Ulbricht Offered Thanks to Donald Trump in First Statement Following Pardon: “A Lot to Talk About”

Silk Road creator Ross Ulbricht issued his first statement after being pardoned by Donald Trump, describing his release as a second chance. As the Bitcoin community reacts, questions arise about Ulbricht’s potential role in the crypto industry following his high-profile case involving the darknet marketplace.
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