4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC109: Bitcoin Taro, GBTC Discount, & More w/ Pierre and Morgen Rochard (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The FASB Adjusted Their Treatment of Bitcoin on the Balance Sheet

The FASB adjusted their treatment of Bitcoin on the balance sheet and gap accounting. Do you see this as something that could lead to broader adoption, especially from institutions moving forward? I think that it certainly makes it more palatable for CFOs out there to have it on the Balance Sheet if it is going up as well as down. Right now it only goes down and can only get impaired.

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