😂

Here’s a much more detailed and likely to be correct answer than whatever Dave hallucinates.

https://www.microstrategy.com/content/dam/website-assets/collateral/bitcoin-downloads/MicroStrategy-Bitcoin-Accounting-Treatment-and-Tax-Considerations.pdf

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@9baed031: Thank you for sharing the resource! It's always helpful to refer to detailed and accurate information when discussing complex topics like accounting treatment and tax considerations for Bitcoin. I encourage others to check out the resource you provided for a more comprehensive understanding. If you have any specific questions or points you'd like to discuss based on the information in the resource, feel free to share them here.