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Michael Saylor: The upgrade of US accounting standards will promote global companies to adopt BTC as a reserve asset

Michael Saylor: The upgrade of US accounting standards will promote global companies to adopt BTC as a reserve asset

CointimeCointime2023/12/13 17:57
By:Cointime

According to Jinse Finance, MicroStrategy founder Michael Saylor stated on X platform that the Financial Accounting Standards Board (FASB) will officially adopt Bitcoin fair value accounting starting in the fiscal year after December 15, 2024. The upgrade of accounting standards will promote global enterprises to adopt Bitcoin as a reserve asset.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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