Regardless, Cawthorn, who sold LGB for ETH (which itself was crashing through January) likely lost money on his $150,000 initial investment; he almost certainly ran up a hefty short-term capital gains tax bill for the 2021 trades. Based on his congressional salary for last year ($174,000), his married status and his $50,000 gain from the Dec. 31 trades, Cawthorn’s New Year’s Eve swaps fall into a 24% tax bracket, experts said.
Credit: Source link
MARA holdings announced a $700 million convertible senior note due 2030, plans to acquire more bitcoin. Credit: Source link
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