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CryptoPatel
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đ¨ BREAKING: MICROSTRATEGY BOUGHT ADDITIONAL 51,780
#BITCOIN
FOR $4.6 BILLION IN CASHÂ
#Microstrategy
now hold 331,200 $BTCÂ acquired for ~$16.5B at an average price of $49,874/BTC
âĄď¸ Bought: 51,780 BTC for ~$4.6B at ~$88,627/BTC
âĄď¸
#BTC
Yield: 20.4% QTD & 41.8% YTD.Â
$BTC
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đ¨Â Russia Proposes New Tax Law for Crypto Mining & Trading! đˇđş Key Highlights: 1ď¸âŁÂ Crypto as Property: Cryptocurrency will be treated as property for tax purposes under the proposed law. 2ď¸âŁÂ Tax Rates: Mining profits: Taxed at the same rate as other forms of income.Trading profits: Taxed like securities transactions (up to 15% for individuals). đŤÂ No VAT: Crypto transactions exempt from value-added tax. For Miners: - Mining-related expenses can be claimed as tax deductions!Mining operators must disclose details of infrastructure usage. - Electricity Cap: Unregistered miners canât use more than 6,000 kWh/month for mining. Goal: Find a balance between government regulations and industry growth, ensuring transparency and fairness. Background: Russiaâs first crypto tax law was submitted in 2020 and passed its first reading in 2021.Recent updates also suggest taxing profits miners havenât yet received. What do you think about these changes? Share your thoughts below! đ #Russia #CryptoTax $BTC
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Rumble to #Bitcoin : $1.5B Company Making Bold Moves đĽ BREAKING: $1.5 BILLION public company #Rumble is considering adding #BTC to its balance sheet. âŞď¸ Whatâs Happening? Rumble CEO Chris Pavlovski is set to discuss this bold move with Michael Saylor, a well-known Bitcoin advocate. âŞď¸ Market Reaction: - Rumble's stock surged 9% after hours following Pavlovskiâs public announcement. - The company currently holds $131 million in cash reserves (Q3 data). $BTC
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Trump's Big Crypto Move? SEC Leadership Shake-Up Ahead đĽ #DonaldTrump is considering replacing #SEC Chair Gary Gensler with Teresa Goody Guillen, a lawyer and SEC veteran known for her pro-crypto stance. Big changes in crypto rules could be coming with Guillenâs pro-crypto views. What could this mean for the future of crypto in the U.S.? #Bitcoin $BTC
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đ¨ BREAKING: Microsoft Exploring #Bitcoin ? Michael Saylor is set to present to the Microsoft Board next month about adding #BTC to their corporate treasury. đ° Microsoftâs Cash Reserve: Over $78 BILLION ready to deploy. Could this be the next big $BTC  move?
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