On July 10th, CryptoQuant published an article stating that, according to Strategy's ($MSTR) latest SEC filing, as of June 30, 2025, the company holds 597,000 Bitcoins, purchased for $42.4 billion, with a current market cap of $64.4 billion. However, the new accounting rule ASU 2023-08 requires companies to report Bitcoin assets at fair value, even if not actually sold, which may trigger a 15% corporate alternative minimum tax (CAMT) starting in 2026. Strategy clearly stated in the filing that the company "may need to liquidate a portion of its Bitcoin holdings or issue additional debt or equity securities to raise sufficient cash to meet its tax obligations." This means that tax pressure may force Strategy to sell some of its Bitcoin holdings in the future to cope with the actual tax bill generated by unrealized gains. [Deep Tide TechFlow]