CryptoQuant posted on the X platform that according to a filing submitted by Strategy (MSTR) to the US SEC, as of June 30, 2025, the company holds 597,000 Bitcoins, purchased at a cost of $42.4 billion, with a current value 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 stated explicitly in the filing that the company "may be required 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. [Odaily Planet Daily]

CryptoQuant: Strategy May Be Forced to Sell Bitcoin to Cover Tax Bills in the Future