#Bitcoin will be recorded at fair value under new FASB rules issued today #BitcoinETF #Miners
Previously companies could only value their bitcoin at the lowest price since they bought it, meaning they had to record a loss, but not a profit when the price recovered. $BTC
![image](https://s3.coinmarketcap.com/static-gravity/image/90ba4c162aca4736a5cc2aef59a01348.jpg)
December 14, 2023 at 7:53 AM
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