The strategy's position market value has evaporated by over 8 billion dollars this week, and Michael Saylor stated 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 still have an unrealized gain of 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, an average price of approximately $73,983. Its founder and executive chairman, Michael Saylor, posted on the X platform stating that Bitcoin will not be subject to taxation.