309 sats \ 1 reply \ @kr 13 Dec 2023 \ on: Bitcoin to be recorded at fair value under new FASB rules issued today bitcoin
feels like one of those things that most retail holders will ignore, but something that large corporate holders really value.
i wonder if any large companies have decided not to hold bitcoin on their balance sheet in the past for this reason.
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528 sats \ 0 replies \ @kepford 13 Dec 2023
My guess as to whether this was a major factor for NOT holding bitcoin on the balance sheet that this isn't a major reason. Now, once bitcoin is more understood by businesses then this would be a barrier but I don't think even 1% of businesses have even considered bitcoin.
We are too early.
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