In Austria, if a bitcoin investor cannot provide original acquisition cost data, the tax authority applies a flat-rate assumption of 50% of the sale proceeds as acquisition costs for capital gains tax. This means 27.5% tax is withheld on the remaining gain, but this flat-rate deduction is not final and can be corrected later if actual purchase data is presented. Investors are encouraged to keep or reconstruct old purchase records to potentially reduce their tax burden. This rule aims to ensure tax compliance even when original cost data is lost or unavailable, especially for long-term holders who moved coins between wallets or exchanges.
Edelman Financial Engines, managing $326 billion in assets, disclosed a $34 million investment in Bitcoin ETFs, surpassing its $25 million stake in Amazon. This move highlights increasing institutional interest in Bitcoin through regulated ETFs, offe...
The New York Stock Exchange (NYSE) provided its daily pre-market update on August 21, 2026, featuring key events such as Manchester United starting the 2026-27 Premier League season and the Freedom 250 Grand Prix, the first NTT INDYCAR race on the Na...
Harvard University's endowment maintained its holdings in BlackRock's iShares Bitcoin Trust (IBIT) at about 3 million shares valued at $101.4 million during Q2 2026, after significant reductions in late 2025 and early 2026. This stable position marks...
iRhythm Technologies is transforming from a cardiac patch maker into a full cardiac monitoring platform by integrating software and workflow solutions. In Q2 2026, the company posted 20.1% revenue growth, improved gross margin to 72.8%, and expanded ...
Salesforce and ServiceNow both reported strong AI-driven growth but with different approaches. Salesforce posted $11.13 billion revenue, emphasizing its Agentforce AI platform and a $25 billion stock buyback, while ServiceNow grew subscription revenu...
