A joint resolution in Congress seeks to reverse a December move by the IRS to impose a tax regime in DeFi, and the House has taken the first steps to do that.
The fact that the Trump administration has installed many crypto-friendly people in positions of power doesn’t mean that the industry will now get a free pass.
Institutional investors are increasingly allocating to crypto, but the key question is whether to focus solely on bitcoin or diversify across multiple cryptocurrencies to optimize risk-adjusted returns and portfolio resilience.
The premium given to the company’s massive bitcoin holdings will exist as long as investors believe it will continue to increase the amount of its bitcoin held per share.