accounting

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1 yr. ago

MASSIVE BREAKTHROUGH: A paradigm shift in US Bitcoin adoption! Previously hindered by accounting hurdles, companies can now reflect Bitcoin at its present fair market value. Consider a purchase of $50,000, a dip to $30,000, and a rebound to $60,000. Earlier, books recorded the dip, impacting perceived profits. From January 1, 2025, companies can display the current $60,000 value. Unlike the BlackRock Spot Bitcoin ETF approval, this alteration empowers companies to confidently integrate Bitcoin into their balance sheets, boosting mass adoption in financial and corporate spheres. If you think th