<div id="readability-page-1"><div><ul><li>Strategy previously sold 704 BTC in December 2022 to realize tax losses before quickly rebuying 810 bitcoin, two days later, a move designed to offset prior capital gains and secure tax benefits. </li><li>With bitcoin down 23% in Q1 2026, Strategy recorded a $12.54 billion unrealized loss and built a $2.2 billion deferred tax asset that could offset future gains.</li></ul></div></div>

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<p>Michael Saylor's recent tax strategy mirrors a previous move by Strategy, which sold 704 BTC in December 2022 to realize tax losses and then quickly repurchased 810 BTC. This tactic aimed to offset capital gains and secure tax benefits. As Bitcoin fell 23% in Q1 2026, Strategy reported a $12.54 billion unrealized loss and established a $2.2 billion deferred tax asset to mitigate future gains.</p>

- In December 2022, Strategy sold 704 BTC to realize tax losses and subsequently rebought 810 BTC.  
- As of Q1 2026, the bitcoin market dropped 23%, resulting in a $12.54 billion unrealized loss for Strategy.  
- This situation allowed Strategy to establish a $2.2 billion deferred tax asset, which may help offset potential future gains.

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Michael Saylor’s latest tax strategy echoes Strategy’s 2022 bitcoin sale