Strategy warns that large fluctuations in Bitcoin market value may cause risks to corporate profits
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Odaily reported that the digital asset investment company Strategy (formerly MicroStrategy) filed its 10-K annual report on February 18, showing a net loss in fiscal year 2024 due to a $1.79 billion digital asset impairment loss. The company also warned that if the value of plummets, it may be unable to return to profitability in future periods and could affect its ability to fulfill its financial obligations. According to the Inflation Reduction Act, the unrealized fair value gains on its holdings may be subject to a 15% corporate alternative minimum tax (CAMT). ()
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