FASB Advocates For Crypto Holdings Fair-Value Accounting
FASB says that putting bitcoin on a company’s balance sheet will be more likely if fair-value accounting is used for cryptocurrencies. A Wall Street Journal report says that the Financial Accounting Standards Board (FASB) has said that companies should use fair-value accounting methods for cryptocurrencies like bitcoin (BTC) and ether (ETH). Fair-value accounting for crypto […]
Michael Saylor Says He Will Be Buying Bitcoin at the Top Forever
MicroStrategy CEO Michael Saylor said he is determined to keep buying Bitcoin (BTC) despite the current crash MicroStrategy CEO Sees BTC As Inflation Hedge Michael Saylor, co-founder and CEO of MicroStrategy, recently went on Fox News and talked about whether or not his thoughts on Bitcoin have changed recently. Saylor is a well known Bitcoin […]
‘Bitcoin is hope for Canada’ Michael Saylor
Chairman and CEO of MicroStrategy Michael Saylor, stated in a recent tweet from his official Twitter handle that Bitcoin is a source of hope for Canada while considering the amount of hydroelectric power to mine Bitcoin the country can generate. Michael Saylor has retweeted a post from Documenting Bitcoin’s official Twitter feed , indicating that […]
Microstrategy chief Michael Saylor says Bitcoin is an exit strategy
“People joke that Bitcoin isn’t really a trading strategy, it’s an exit strategy” says Microstrategy CEO Michael Saylor. The CEO of business intelligence firm Microstrategy Michael Saylor has vehemently defended the firm’s optimistic, long-term Bitcoin (BTC) position, citing the cryptocurrency’s unique ability to expand into “the future of the property.” Saylor stated in an interview […]