#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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TezosNode operator Josh Jarrett sues the IRS again over stake reward tax policy
PANews, October 11th - Josh Jarrett, the operator of TezosNode, has once again sued the Internal Revenue Service (IRS) challenging its regulations that stake rewards should be taxed as income. Jarrett previously sued the IRS in 2021 for his 2019 tax bill, but the case was dismissed as 'insignificant' in September 2024. In this lawsuit, he seeks a permanent injunction prohibiting the IRS from taxing stake token rewards as income and requests a refund of $12,179 in taxes paid in 2020 for 13,000 Tezos tokens. Industry organizations such as Coin Center support this case, arguing that stake rewards should be taxed as property rather than income.