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tzongocu / Tzongocu
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2025-02-01 01:06:01

tzongocu on Nostr: šŸ“° News Alert: šŸ”– Title: New FASB rules make Bitcoin holdings a goldmine for ...

šŸ“° News Alert:
šŸ”– Title: New FASB rules make Bitcoin holdings a goldmine for corporate earnings
šŸ—“ļø Published: Sat, 01 Feb 2025 01:00:08 +0000
šŸ“„ Summary: 1. Market capitalization was a key driver of stock price performance in companies with significant Bitcoin holdings like MicroStrategy and Tesla, moving in line with Bitcoin's price appreciation.
2. The impact of new FASB rules on Bitcoin holdings for corporate balance sheets.
3. The trend of stock prices moving with Bitcoin's price appreciation may continue in the future due to broader risk-on sentiment in equities.
šŸ”— https://cryptoslate.com/new-fasb-rules-make-bitcoin-holdings-a-goldmine-for-corporate-earnings/
šŸ—žļø Source: CryptoSlate
#bitcoin #crypto #news
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