Strategy Avoids CAMT Bill as Bitcoin Passes $117,000

- Corporations with significant digital asset holdings breathe a sigh of relief under new tax guidance. - Strategy's shares climb as Bitcoin surges past $117,000 after the announcement. The U.S. Treasury Department and the Internal Revenue Service (IRS) have delivered critical relief to corporations with extensive digital asset portfolios, as new guidance clarifies that the 15% Corporate Alternative Minimum Tax (CAMT) will not apply to unrealized cryptocurrency gains. On October 1, 2025, The Block reported that this change resolves substantial tax concerns for companies like Strategy (MSTR), which has amassed over $27 billion in unrealized Bitcoin gains. Under this interim guidance, corporations no longer need to mark cryptocurrency holdings to market for CAMT purposes, a change that shields them from taxes on unrealized profits. Previously, the rule sparked worries that firms might incur significant tax liabilities without selling their digital assets. Following the announcement, Strategy's shares jumped nearly 6%, and other crypto-related stocks also posted gains as Bitcoin rallied beyond $117,000. Michael Saylor, Chairman of Strategy, expressed confidence in the new guidelines, explaining that the company does not anticipate any CAMT obligations on its Bitcoin holdings. Saylor emphasized that this clarity provides temporary relief, ensuring taxation only occurs upon the sale of assets. Before the update, concerns loomed that Strategy could face billions in tax liabilities by 2026 based on unrealized crypto gains. The decision follows concerted lobbying efforts from industry leaders like Strategy and Coinbase, who argued that taxing unrealized cryptocurrency gains would be unjust. The IRS has labeled this guidance as interim, so formal rulemaking is still required. While a reversal is unlikely, it is not impossible. As of October 1 at 15:15 UTC, Bitcoin (BTC) was trading at $117,294.22. According to CoinMarketCap on October 1, this price marks a 3.58% increase in the past 24 hours.