FASB Mulls Truthful-Worth Accounting for Crypto Holdings: Report

FASB Mulls Truthful-Worth Accounting for Crypto Holdings: Report

by Jeremy

“We anticipate the disconnect between the reported carrying worth on our steadiness sheet and the truthful market worth of our bitcoin holdings to develop considerably over time,” MicrosStrategy CEO Phong Le stated in a letter to the FASB final yr, as quoted by WSJ.

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