Bitcoin balance sheet

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RESETEO MUNDIAL, CRISIS DE DEUDA
Most publicly traded companies can only realize losses on crypto assets under U.S. accounting rules today. Gains only count if they sell. In this edition of CFO Insights, we'll explore how bitcoin has earned Wall Street's interest and discuss whether the upside is such that it deserves yours. More firms set to add Bitcoin to balance sheets after major rule change. The rules now allow crypto-holding companies to report their paper.

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calendar_month 18.05.2023

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Argo Blockchain PLC. This means that they are initially recorded on a company balance sheet at their historical cost. All of this is about to change, though, since the body that sets standards for the accounting profession just updated the rules for crypto so that, as of next December, firms can mark Bitcoin gains on their balance sheet. Already have an account? BlackRock, Inc.