Regulatory · December 13, 2023
FASB adopts crypto fair-value accounting (ASU 2023-08)
Price at event
$42,888
Today
$73,594
Since then
×1.7
The Financial Accounting Standards Board requires companies to measure crypto holdings at fair value with gains and losses in net income — removing the impairment-only accounting that had deterred corporate Bitcoin treasuries.
⸺ Sources ⸺