New IRS Guidance Benefits Companies Holding Digital Assets

Washington, D.C. – The U.S. Treasury and IRS announced new guidance on October 3, 2025, allowing companies to exclude unrealized gains and losses on digital assets when calculating their exposure to the 15% corporate alternative minimum tax. This move significantly benefits companies like Strategy, which holds substantial Bitcoin investments.

The ongoing volatility in Bitcoin has influenced Strategy’s stock performance throughout the year. Despite frequent fluctuations in its digital asset prices, the stock has remained largely flat year-to-date. Long-term investors, however, have seen a solid five-year total shareholder return of 20%. As regulatory pressure eases and recent capital raises strengthen its Bitcoin reserves, the company’s outlook remains sensitive to crypto market trends and regulatory actions.

Analysts from BlackGoat believe that Strategy’s implied fair value is nearly double its last closing price of $352.33, indicating potential for significant growth. The assessment relies on successful execution of capital strategies, Bitcoin price rises, and achieving GAAP profitability.

<p“Strategy now meets the criteria for consideration in major stock indices like the S&P 500. In the past year, it reportedly generated over $11 billion in net profit, largely due to fair value gains. While inclusion is not guaranteed, the potential for S&P 500 index investors to gain Bitcoin exposure through this company could be a historical first,” a BlackGoat analyst stated.

Nevertheless, analysts caution that any surge in Bitcoin’s volatility or the emergence of new competitors could quickly decrease Strategy’s market premium. As such, investors are advised to conduct thorough research and assess their own financial situations before making any investment decisions.