2018-6-14 16:53 |
The project is creating the world's largest location data protocol powered by crypto and decentralized technologies.
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The potential tax-loss harvesting by Strategy highlights the need for regulatory clarity on crypto tax rules, impacting future corporate strategies. The post Strategy signals potential bitcoin sale for tax-loss harvesting appeared first on Crypto Briefing.
Cronos (CRO), up 9.7% from Friday, joined Sui (SUI) as a top performer.
The firm bought roughly 26,000 ether last week, a sharp decline from the average of the previous weeks' 100,000.
Last week's purchases were funded by sales of the company's common stock.
The purpose behind the migration is to enhance security, tokenomics and scalability, said Ronin, which suffered the largest DeFi bridge exploit on record in 2022.
Your day-ahead look for May 11, 2026
Michael Saylor confirmed the company was prepared to sell bitcoin, reviving a tax loss harvesting strategy first used in 2022.
