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MicroStrategy Adds 2,500 Bitcoin to Holdings Despite Tax-Loss Harvesting
- 22289d 4y agoIsn't that a wash sale? With stocks you can't immediately buy them back if you're tax-loss harvesting.
- g42gregory 4y agoI think the point of the article was that he increased his holdings substantially. On the wash sale, that would be in the securities market like stocks. Bitcoin is being treated like an asset (e.g. gold) by Treasury Department. Build Back Better Act was planning to extend this to more assets. Not sure what happened to this provision at the end.