WilsCrypto

Strategy founder Michael Saylor stated during an April 13 interview on the Bankless channel, "The more Bitcoin we buy, the better it is for the entire ecosystem."

‎‎He explicitly noted that the company will not shift to a conservative approach as its Bitcoin holdings scale. The core strategy remains focused on raising capital, buying Bitcoin, and continuing to accumulate, with no plans for so-called asset diversification.

‎‎Saylor also emphasized that MSTR is a pure-play Bitcoin stock rather than a complex product mixed with other assets; the more Bitcoin it acquires, the clearer the company's structure becomes.

‎DONT FORGET TO FOLLOW FOR MORE 💯💯💯
#BTC走势分析

According to public records from the New York Criminal Court, Believe App founder Benjamin Pasternak has been arrested on charges of strangulation in the second degree and assault and is scheduled to appear in court on June 11; he was previously accused of involvement in a rug pull scheme allegedly involving millions of dollars, while BELIEVE, the platform’s native token, is currently trading at approximately $0.00075, down more than 99% from its all-time high of $0.3569 recorded in May 2025.

‎DON'T FORGET TO FOLLOW FOR MORE 💯💯.
#TradingSignals

The lack of a de minimis exemption for crypto payments and staking rewards taxed at receipt creates a huge reporting burden, the data shows.✅✅
Crypto exchange Kraken says it filed 56 million crypto-transaction forms with the U.S. Internal Revenue Service (IRS) for the 2025 tax year. Roughly 18.5 million of them covered transactions worth less than $1, and over half were for $10 or less.
Only 8.5% of the newly introduced Form 1099-DAs cleared $600, the threshold that triggers reporting for non-employee compensation, and 74% were for less than $50, the company said in a Wednesday blog post.🥰
Each form is also sent to the customer and creates a reconciliation task for the taxpayer who receives it. On top of that, standard tax software does not handle crypto transactions. Kraken estimated the additional burden on an active crypto holder at $250-$500 a year for dedicated tax software, on top of standard filing costs.

"The hours taxpayers spend reconciling these micro-transactions, often with incomplete data, generate costs wildly disproportionate to any revenue the IRS will collect from them," Kraken said.💯💯
The Tax Foundation estimates individual returns already cost Americans a combined $146 billion in time and expenses, the exchange said, and the National Taxpayers Union Foundation puts the average time for non-business filers at about 13 hours and $290 per return.✅✅
Brokers reporting for 2025 provide gross proceeds without cost basis, meaning the form shows what was sold, but not what it was bought for. Kraken said it fielded thousands of client questions about forms that captured only one side of the calculation.
TWO PROBLEMS
Kraken pointed to two parts of the tax code that cause problems. One is the lack of a de minimis, or low-level, exemption for crypto payments, which means even small purchases with crypto can trigger a taxable event that needs to be declared.
“Imagine you walk into a Steak ’n Shake and pay for a $7.99 meal with Bitcoin through a payment app. You have triggered a taxable event,” Kraken wrote as an example. “You are technically required to look up the cost basis of the specific Bitcoin you spent, calculate whether you had a gain or loss on that fraction of a coin, and report it on Form 8949.”😎

That’s the same argument libertarian think tank Cato Institute recently made. According to the institute, buying a cup of coffee every day with BTC “can result in over 100 pages of tax filings.”
The second issue is staking. Rewards earned on staked assets are treated as ordinary income at the moment of receipt, based on the token’s market price that day. Most holders keep those tokens instead of selling them, meaning they owe tax on tokens that haven’t been sold.
If the token price falls between receipt and filing, the tax can exceed the asset's current value. 🤔🤔Kraken calls this phantom income and says a large share of the sub-dollar 1099-DAs it issued were staking distributions.
Legislation moving through Congress includes a de minimis provision, but is limited to stablecoins. Kraken is pushing for a broader inflation-indexed exemption, paired with anti-abuse guardrails to prevent structuring.
The exchange is also asking Congress to let taxpayers elect when staking rewards are taxed, either at receipt under current rules or at sale, when a gain or loss is realized.✅✅
Kraken says its systems and those of other exchanges already support both reporting methods, but the choice needs to be authorized.
DONT FORGET TO FOLLOW FOR MORE 💯💯💯💯.
#tax