FASB Mulls Fair-Value Accounting for Crypto Holdings: Report

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FASB Mulls Fair-Value Accounting for Crypto Holdings: Report

“We expect the disconnect between the reported carrying value on our balance sheet and the fair market value of our bitcoin holdings to grow significantly over time,” MicrosStrategy CEO Phong Le said in a letter to the FASB last year, as quoted by WSJ. www.coindesk.com

“We expect the disconnect between the reported carrying value on our balance sheet and the fair market value of our bitcoin holdings to grow significantly over time,” MicrosStrategy CEO Phong Le said in a letter to the FASB last year, as quoted by WSJ.

www.coindesk.com