No Bullshit Bitcoin (RSS Feed) on Nostr: **FASB Officially Adopts Fair Value Accounting Rules for Bitcoin Starting December ...

**FASB Officially Adopts Fair Value Accounting Rules for Bitcoin Starting December 2024**

"FASB has officially adopted Fair Value Accounting for Bitcoin for fiscal years beginning after December 15, 2024. This upgrade to accounting standards will facilitate the adoption of BTC as a treasury reserve asset by corporations worldwide," said MicroStrategy's Chairman Michael Saylor on X.

https://www.nobsbitcoin.com/fasb-bitcoin-fair-value-accounting/