Strategy Rises as Saylor Sees Exemption from Corporate Tax (1)

Strategy Inc. shares rose the most in two weeks after the Bitcoin treasury company founded by Michael Saylor said that it will no longer be subject to the US corporate alternative minimum tax.

As Bitcoin prices gained this year, Strategy expected in 2026 to be subject to the 15% corporate alternative minimum tax, which applies to companies exceeding $1 billion in a three-tax-year period preceding the initial tax year.

But under the the Department of the Treasury and the Internal Revenue Service interim guidance issued Tuesday, corporations can disregard unrealized gains and losses on their digital asset holdings when determining ...