The Rabbit Hole on Nostr: Fair value accounting is coming to #Bitcoin. This upgrade to FASB accounting rules ...

Fair value accounting is coming to #Bitcoin. This upgrade to FASB accounting rules eliminates a major impediment to corporate adoption of $BTC as a treasury asset.

https://news.bloombergtax.com/financial-accounting/long-awaited-bitcoin-accounting-rules-to-capture-rises-dips