Bitman on Nostr: TESLA REPORTS $589 MILLION IN UNREALIZED #BITCOIN GAINS! With the adoption of fair ...
TESLA REPORTS $589 MILLION IN UNREALIZED #BITCOIN GAINS!
With the adoption of fair value accounting, the company can now reflect the appreciation of its 11,509 BTC holdings in its balance sheet—something that was previously not possible.
This accounting change is likely to attract even more companies to use BTC as a strategic reserve.
Bullish.
With the adoption of fair value accounting, the company can now reflect the appreciation of its 11,509 BTC holdings in its balance sheet—something that was previously not possible.
This accounting change is likely to attract even more companies to use BTC as a strategic reserve.
Bullish.