The cryptocurrency market experienced a notable surge, according to a recent statement by Jia Yueting, founder of Faraday Future, on the X platform (formerly Twitter). The increase is attributed to changes proposed by the U.S. Treasury regarding the CAMT rules, which would exempt companies like MicroStrategy from a 15% tax on unrealized Bitcoin gains previously imposed. This proposal addresses long-standing concerns from companies like MSTR and COIN, who argued that the rules were unfair and hindered global competitiveness. Companies with significant cryptocurrency holdings stand to benefit significantly from this change, as it paves the way for more long-term strategies of using cryptocurrencies as both store of value and a hedge against fiat currency fluctuations. This shift is anticipated to fundamentally redefine asset allocation for major institutions moving forward.