MicroStrategy Inc.’s (MSTR) stock remained flat on Friday, even as other crypto-linked stocks rallied following the U.S. Securities and Exchange Commission’s decision to repeal a rule that limited banks from holding digital assets.

MicroStrategy (MSTR), one of the largest corporate holders of bitcoin (BTC-USD), may be subject to a 15% tax on unrealized gains from its $47B bitcoin stash

MicroStrategy may have to pay taxes on its unrealized gains despite not selling any Bitcoin to make a profit. Michael Saylor’s MicroStrategy, the largest corporate Bitcoin (BTC) holder, may need to pay federal income taxes on its unrealized gains according to the Inflation Reduction Act passed in 2022.

MicroStrategy’s $47B Bitcoin holdings face tax risks as U.S. laws evolve, introducing a 15% levy on unrealized gains.

MicroStrategy may face federal income tax obligations on its significant unrealized gains, which currently exceed $19.3 billion.

MicroStrategy plans to redeem $1.05B in notes amid Bitcoin tax rule concerns, due to CAMT's impact on unrealized Bitcoin gains.

MicroStrategy commands 461,000 BTC worth $48.65 billion and could owe up to $2.9 billion in federal taxes. MicroStrategy intends to raise $42 billion through equity