$MicroStrategy(MSTR)$ The current FASB standards categorize Bitcoin as an “indefinite-lived intangible asset.” As such, corporate BTC holders like Microstrategy can only record losses when BTC prices dip. It prohibits them from recording gains when BTC value rises up. It’s a system that has masked the true financial impact of MicroStrategy’s Bitcoin strategy.

However, the accounting FASB accounting rules are set to change come January 1, 2025. Thanks to Saylors relentless efforts to push for changes.

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