There's New Tax Guidance on Bitcoin. Here's Why That Matters💰

Crypto stocks and digital assets surged as Bitcoin topped $120,000, boosted by U.S. Treasury and IRS interim guidance exempting paper gains on digital assets from the 15% corporate minimum tax. Strategy (MSTR) said it no longer expects to owe the tax, while Coinbase and other crypto-linked firms saw double-digit weekly gains.

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