Generative Data Intelligence

Tag: income tax

Bitcoin Firebrand Michael Saylor Reveals Why MicroStrategy Sold Over $11,000,000 in BTC Before End of 2022

MicroStrategy founder and executive chairman Michael Saylor is explaining why the software company sold some Bitcoin (BTC) despite previously stating that the firm will...

Here’s How Crypto Traders are Converting Worthless NFTs into Tax Breaks

Crypto traders are converting worthless NFTs into tax breaks. They’re using a service started just for that purpose. Others are taking advantage of...

Here’s Why MicroStrategy Sold 704 Bitcoins on December 22

Publicly-traded business intelligence company MicroStrategy revealed that it sold part of its bitcoin stash on December 22 for tax purposes. Although the firm later...

Italian Parliament Approves 26% Crypto-Gains Tax in 2023 Budget

The 26% rate applies to gains from crypto trading if they exceed 2,000 euros per tax period. As an incentive for declaring crypto profits,...

‘Tis the season for crypto tax-loss harvesting: IRS, regulators remain silent on crypto tax loophole ahead of new year

U.S. investors can deduct from their capital gains tax this year by selling cryptocurrencies at a loss, then immediately buy back those same assets....

Microstrategy Buys More Bitcoin — Company’s Crypto Holdings Grow to 132,500 BTC

Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases. This year, the world’s largest cryptocurrency has emerged as “the institutional-grade...

MicroStrategy Sells Off Bitcoin for First Time—Then Buys Even More

In brief MicroStrategy, the largest corporate Bitcoin holder, has added approximately 2,500 BTC to its reserves since November 1. That tally includes a sale of BTC...

MicroStrategy adds to Bitcoin stake despite steep loss

In a new filing with the United States Securities and Exchange Commission, software analytics firm MicroStrategy said that it acquired 2,395 Bitcoin (BTC) at an...

MicroStrategy just bought another 2,500 BTC

Business Intelligence firm MicroStrategy has purchased an additional 2,395 BTC between Nov. 1 and Dec. 21.Michael Saylor, the founder and CEO...

Indian Crypto Market Suffers Significantly — Experts Say Trading Volumes Unlikely to Recover Anytime Soon

Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.”...

How to not pay taxes on Bitcoin

Whether you’re in the US, UK, or most of Europe, you will have to pay taxes on the gains made from Bitcoin and...

IRS Delays $600 Crypto Tax Threshold, Citing Need To Clarify Conditions Before Rollout

The Internal Revenue Service (IRS) is delaying rolling out its new $600 reporting threshold for third-party settlements, saying that more clarity is needed before...

Latest Intelligence

spot_img
spot_img
spot_img