未实现的比特币收益可能对微观造成挑战

根据《华尔街日报》的一份报告，商业情报公司MicroStrategy可能会在其未实现的比特币（BTC）收益上面临重大税收负债

Business intelligence firm MicroStrategy may face substantial tax liabilities on its unrealized Bitcoin (BTC) gains, which currently amount to $19 billion, according to a report by The Wall Street Journal.

根据《华尔街日报》的一份报告，商业情报公司MicroStrategy可能面临其未实现的比特币（BTC）收益的实质性税收负债，目前总计190亿美元。

As the world’s largest corporate BTC holder, MicroStrategy boasts over 430,000 BTC on its balance sheet, valued at more than $47 billion. The US-based company has raised funds through stock and debt offerings over the years to finance its BTC purchases.

作为世界上最大的公司BTC持有人，MicroStrategy在其资产负债表上拥有超过430,000 BTC，价值超过470亿美元。多年来，这家总部位于美国的公司通过股票和债务筹集了资金，以资助其BTC购买。

Despite not having sold any Bitcoin to date, MicroStrategy may be obliged to pay billions in taxes on its holdings due to the Corporate Alternative Minimum Tax (CAMT) provision included in the Inflation Reduction Act of 2022. The CAMT imposes a 15% tax rate based on an adjusted version of a corporation’s earnings.

尽管迄今尚未出售过任何比特币，但由于公司替代最低税（CAMT）规定，MicroStrategy可能有义务支付数十亿美元的税款，这是2022年的《降低通货膨胀法》。在公司收益的调整后版本上。

While the Internal Revenue Service (IRS) grants exemptions for unrealized gains from securities like common stock, such exemptions have not yet been extended to unrealized gains on cryptocurrency assets like Bitcoin.

尽管国税局（IRS）授予了从普通股（如普通股）中未实现的证券收益的豁免，但此类豁免尚未扩展到对比特币等加密货币资产的未实现收益。

According to tax analyst Robert Willens, the IRS may create rules that favor MicroStrategy, especially given Donald Trump’s pro-crypto stance during his presidency. However, Willens cautions that such an outcome is not guaranteed.

根据税务分析师罗伯特·威伦斯（Robert Willens）的说法，美国国税局（IRS）可能会制定有利于微纹身的规则，特别是考虑到唐纳德·特朗普（Donald Trump）在担任总统期间的亲克赖特托（Crypto）立场。但是，威伦斯警告说，不能保证这样的结果。

“If the Biden group was still in place, they probably wouldn’t get the exemption. It would be easy to slot crypto assets into the same exemption that stocks are going to enjoy, because there’s no real difference in the accounting,” he said.

“如果拜登集团仍然存在，他们可能不会获得豁免。将加密资产放入与股票所享受的豁免相同的豁免会很容易，因为会计没有真正的差异。”他说。

Should MicroStrategy be required to pay taxes on its unrealized Bitcoin gains, the company might have to sell off a portion of its holdings to raise cash. Such a move could unsettle the volatile crypto market, potentially triggering a broader market-wide downturn.

如果要求MicroStrategy对其未实现的比特币收益缴税，则该公司可能必须出售其部分持股量以筹集现金。这样的举动可能会使挥发性的加密货币市场感到不安，从而有可能引发更广泛的市场衰退。

Both MicroStrategy and Coinbase have petitioned the US Treasury and IRS to exclude unrealized crypto gains from the adjusted financial income calculation under the CAMT. In their request, the firms argued that such measures are necessary to “avoid serious unintended consequences for U.S. corporations holding substantial cryptocurrency.”

MicroStrategy和Coinbase都向美国财政部和IRS请愿，将未实现的加密货币收益排除在CAMT下的调整后的财务收入计算中。在他们的要求下，公司认为，这种措施是“避免对拥有大量加密货币的美国公司造成严重意外后果”的必要措施。”

As the tax season approaches, the IRS is ramping up its efforts to ensure greater transparency in cryptocurrency transactions. Recently, the agency introduced a new reporting system for centralized exchanges to track crypto transactions more effectively.

随着税收季节的临近，美国国税局正在加强其努力，以确保加密货币交易的更高透明度。最近，该机构引入了一种新的报告系统，用于集中式交流，以更有效地跟踪加密交易。

The IRS has also clarified its position on crypto staking, stating that any rewards generated from staking are taxable upon receipt. According to the agency, staking rewards are not considered new property and should be taxed immediately upon acquisition.

美国国税局还阐明了其在加密货币积分方面的立场，并指出，从积累产生的任何奖励都应在收到后征税。根据该机构的说法，存放奖励不被视为新财产，应在收购后立即征税。

Meanwhile, financial advisors are becoming more optimistic in the wake of Trump’s victory in the US presidential election. A majority of advisors are now showing greater willingness to explore investments in digital assets. At press time, Bitcoin is trading at $105,523, up 2.6% over the past 24 hours.

同时，在特朗普在美国总统大选中获胜后，财务顾问变得越来越乐观。现在，大多数顾问都表现出更大的愿意探索数字资产的投资。发稿时，比特币的交易价格为105,523美元，在过去的24小时内增长了2.6％。