MicroStrategy計劃在2027年贖回$ 1.05B的可轉換高級票據

這項決定是因為該公司在2022年《降低通貨膨脹法》提出的新公司替代最低稅（CAMT）規則下面臨潛在的稅收影響。

MicroStrategy (NASDAQ: MSTR) announced plans to redeem $1.05 billion in 0% convertible senior notes due in 2027.

MicroStrategy（NASDAQ：MSTR）宣布了計劃，計劃在2027年應兌換10.5億美元的0％可轉換高級票據。

The decision comes as the company faces potential tax implications under new corporate alternative minimum tax (CAMT) rules introduced by the Inflation Reduction Act in 2022.

該決定是因為該公司在2022年《降低通貨膨脹法》提出的新公司替代最低稅（CAMT）規則下面臨潛在的稅收影響。

As the world’s largest Bitcoin (CRYPTO: BTC)-holding company, MicroStrategy could be subject to federal income taxes on its $18 billion in unrealized Bitcoin gains.

作為世界上最大的比特幣（加密：BTC）持有公司，微型造影可能會繳納其180億美元未實現的比特幣收益的聯邦所得稅。

The CAMT implements a 15% minimum tax rate based on adjusted GAAP financial statement income, a report by the Wall Street Journal noted.

《華爾街日報》的一份報告指出，CAMT根據調整後的GAAP財務報表收入來實施最低稅率15％。

GAAP income represents earnings reported under standardized accounting rules, including certain unrealized gains like Bitcoin’s value increases.

GAAP收入代表標準化會計規則報告的收益，包括某些未實現的收益，例如比特幣的價值增加。

The CAMT is designed to target companies that report substantial GAAP earnings but minimal taxable income on IRS filings.

CAMT旨在針對報告大量GAAP收益但IRS申請的應稅收入最少的公司。

While companies like Berkshire Hathaway received exemptions for unrealized stock gains, no such provisions exist for crypto assets.

儘管像伯克希爾·哈撒韋公司（Berkshire Hathaway）這樣的公司因未實現的股票收益而獲得了豁免，但沒有此類加密資產的規定。

MicroStrategy, which now holds $47 billion in Bitcoin, continues to lobby the IRS for similar treatment.

現在持有470億美元比特幣的MicroStrategy繼續遊說IRS進行類似的治療。

“The IRS may ultimately exclude unrealized crypto gains, especially under a Trump administration, which has historically supported pro-crypto policies,” tax analyst Robert Willens told the Wall Street Journal, while adding that such exemptions aren’t guaranteed.

稅務分析師羅伯特·威倫斯（Robert Willens）告訴《華爾街日報》（Wall Street Journals），同時補充說，不保證這種免稅權。

Note holders can convert their securities into class A common stock prior to February 20, 2025, with conversions to be settled in stock and fractional shares paid in cash.

注意持有人可以在2025年2月20日之前將其證券轉換為A級普通股，並以現金支付的股票和分數股票。