Why A New Rule Helped Tesla Get $600M in Bitcoin Gains But May Cost MicroStrategy Billions | Global News Avenue

Recent changes to accounting rules may help earn $ 600 million in Bitcoin (BTCUSD) Tesla’s holding (TSLA), But the same rules may leave a micro (MSSTR) With billions of dollars of tax bills.

Tesla’s net income in the fourth quarter of 2024 accounted for about its bitcoin holdings. Due to changes, the company can book the profit derived from these bitcoins Financial Accounting Standards Committee (FASB) Crypto asset guide.

What does Bitcoin have a company for new rules mean?

New rules or ASU 2023-08 Allow the value calculation of companies holding companies holding Bitcoin on A Mark to the market Basis may depend on the location of market transactions.

“The main advantage of FASB’s new rules of the new label market rules held by the company’s digital assets is that it will allow the company to provide the value of its digital assets in real time,” Paul Miller told InvestOpeDia.

According to the previous FASB criteria, Bitcoin is regarded as “indefinite intangible assets” and forced the company to reduce its value when the price decreases, but it will record it unless the asset is sold.

The old system made Microsrategy’s founder Michael Saylor frustrated, and the latter believed that it hindered the way Bitcoin as the asset of the company’s financial department.

Why do micro strategies may reach huge tax bills

Last year Bitcoin had been crying until it was still strong until this year. According to the new rules, Microslategy’s Bitcoin purchase carnival Make it have about $ 18 billion in Bitcoin income “Wall Street Journal” Recently reported. This may cause billions of dollars of tax bills for micro -circulation.

This re -classification of encrypted assets on this book enables Microslategy to levy 15 % of taxes potentially Unrealized bitcoin income According to the “Reduction of Inflation” The company replace the minimum tax (CAMT). This means that the company can face the taxes of these income since 2026. Even if a coin is not sold, this is the risk acknowledged in a recent regulatory document.

“Because of the promulgation of IRA and the results we used in ASU 2023-08 on January 1, 2025, unless the CAMT proposal regulations are revised to provide relief, whether the annual tax year 2026 and later.” Microslategy said.

Although MicroStrategy is still one of the largest companies Bitcoin owners, other listed companies, such as Marathon Digital (Mara), Riot platform (riot), Semler science (Pour), Which is following its Bitcoin to buy the script, it may be affected by the change of this rule.