According to The Wall Street Journal, MicroStrategy could be hit with a $2.7 billion tax liability under the Corporate Alternative Minimum Tax (CAMT).
- A 15% tax on $18 billion in unrealized Bitcoin profits
- CAMT targets corporations with annual average earnings exceeding $1 billion
- Unlike stocks, cryptocurrencies are not exempt from this tax
If enforced, this tax could jeopardize MicroStrategy’s Bitcoin-focused strategy.