According to TechFlame, CryptoQuant published an article stating that as of June 30, 2025, the company held 597,000 bitcoins with a purchase price of US$42.4 billion and a current market capitalization of US$64.4 billion, according to Strategy (MSTR)'s latest SEC documents. However, new accounting rules ASU 2023-08 require companies to report Bitcoin assets at fair value, which could trigger a 15% minimum corporate tax rate (CAMT) from 2026, even if not actually sold. Strategy made it clear in the document that the company “may need to liquidate part of its Bitcoin holdings or issue additional debt or equity securities to raise sufficient cash to meet tax obligations.” This means that tax pressure may force Strategy to sell some of its Bitcoin holdings in the future to deal with actual tax bills arising from unrealized gains.