(Bloomberg) — Adidas AG shares slumped after the German shoemaker warned that it’s sitting on a €1.2 billion ($1.3 billion) pile of unsold merchandise after terminating its lucrative branding de...
Tag: Unsold
Adidas Shares Plummet As Losses Loom From Stockpile Of Unsold Yeezys Left After Kanye West Breakup
Topline Adidas shares plummeted Friday morning after the company said it could lose hundreds of millions of dollars this year from its failed partnership with rapper Kanye West, whose antisemitic rema...
Adidas shares tank after it issues warning over unsold Yeezy stock
“The numbers speak for themselves. We are currently not performing the way we should”, Adidas CEO Bjørn Gulden said in a press release. Jeremy Moeller / Contributor / Getty Images Adidas c...
2.3 Million Bitcoin Last Active 10+ Years Ago Remain Unsold: Details
Yuri Molchan Recent analytics data shows that early Bitcoin investors do not intend to sell their BTC stashes According to the tweet shared by popular on-chain data vendor Glassnode, the very early Bi...
After a Court Battle, the IRS Might Not Impose Income Taxes on Unsold, Staked Crypto
The United States Internal Revenue Service (IRS) could stop taxing digital assets obtained through staking. The agency added that it will refund the tax paid by a Nashville couple on tokens they had e...
Big Relief for Crypto Stakers and Miners, IRS Won’t Tax Unsold Crypto Tokens
Crypto Stakers and miners could finally breathe a major sigh of relief as the IRS has decided not to tax unrealized gains derived from crypto staking or mining digital assets. This has been a major re...
In Huge Precedent, IRS Says It Will Not Tax Unsold, Staked Crypto
In court filings expected to made public Thursday, the IRS declared it would refund $3,293 in income tax (plus statutory interest) to a Nashville couple who had paid the amount on 8,876 Tezos tokens t...
IRS Will Not Tax Unsold Staked Crypto As Income
For individuals hoping to earn new tokens by providing security to large blockchains that use proof-of-stake, there may be good news ahead. IRS will not tax your unstaked crypto. A Nashville couple ar...