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Giga Mexico Funding, More Cybertrucks, Software Update (12.15.23)

Tesla Daily: Tesla News & Analysis

CHAPTER

New Guidance on Accounting for Bitcoin Holdings and Upcoming Economic Reports

This chapter discusses the new regulation that allows publicly traded companies to report their Bitcoin holdings on a fair market value basis, providing a more accurate representation of its value. Companies will now have to mark down the value if it decreases in subsequent quarters.

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