Former Ohio Treasurer Josh Mandel Reports $1.2 Million Loss on Bitcoin Options Tied to IBIT
Former Ohio Treasurer Josh Mandel Reports $1.2 Million Loss on Bitcoin Options Tied to IBIT
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Former Ohio State Treasurer Josh Mandel, known for establishing a program allowing businesses to pay taxes in Bitcoin, has disclosed a significant financial setback. Mandel reported a $1.2 million loss from call options connected to BlackRock’s IBIT Bitcoin ETF.
Former Ohio State Treasurer Josh Mandel, who pioneered Ohio’s program allowing businesses to pay taxes in Bitcoin, revealed a $1.2 million loss on call options tied to BlackRock’s IBIT.
The post Man Who Once Let Ohio Pay Taxes in Crypto Just Lost $1.2 Million on Bitcoin Options appeared first on BeInCrypto.