The market value of the Strategy position has evaporated by over 8 billion dollars this week, and Michael Saylor claims that BTC will not be taxed

ChainCatcher news, despite the turmoil in the cryptocurrency market causing Strategy (MicroStrategy) to see its Bitcoin holdings' market value evaporate by over $8 billion this week (from over $80 billion on Tuesday to about $71.93 billion), the company's Bitcoin holdings are still up by over $24.5 billion, with a current return of 51.91%.

Currently, Strategy holds 640,031 Bitcoins, with a total investment of about $47.35 billion and an average price of approximately $73,983. Its founder and executive chairman, Michael Saylor, stated on the X platform that Bitcoin will not be taxed.