Effective December 2024, the FASB's latest regulations will allow businesses to adopt fair value accounting for Bitcoin, ensuring it is valued at its fair market price! 📈

However, companies have the option to adopt them sooner 👀

https://www.btctimes.com/news/bitcoin-to-be-valued-at-fair-market-value-according-to-new-fasb-regulations

Study and learn Bitcoin.
Don't "invest" in it.
Sell fiat for it.

FYI: 🟠 Bitcoin needs to go to $76,843 for it to beat its previous all-time high in inflation adjusted dollars 📈

ICYMI: 🇺🇸 BlackRock met with the SEC for the third time to discuss the details about it's spot Bitcoin ETF on Monday 👀

🟠 Michael Saylor predicted one year ago 3 catalysts that will take Bitcoin to $5 million 🚀

1. Spot ETF approval (coming soon)
2. Traditional bank custody of $BTC
3. Fair value accounting rules from FASB ✅

Moreover, he said he would be shocked if it takes more than 36 months 👀

NEW: 🟠 Number of Bitcoin addresses with non-zero balances just surpassed 50 million 🙌

ICYMI: 🇦🇷 Argentina devalued its currency by 54%, letting it fall to 800 pesos per dollar❗️

Argentina needs Bitcoin.

GF: “Babe, can you please keep the #bitcoin talk to a minimum during Christmas?”

Me after one mineral water:

By Blake

JUST IN: 🚨Ledger acknowledges their Ledger Connect Kit was compromised❗️

If you hold any asset on Ledger, DO NOT, interact with any dApp.

🟠 Cantor Fitzgerald CEO seems to be a Bitcoin maxi 👀

"I am a fan of #Bitcoin, just Bitcoin."

- Howard Lutnick

NEW: 🇦🇷 Crusoe Energy plans on mitigating that giant flare in Argentina’s Vaca Muerta oilfield and turning into power for bitcoin miners ⚡️

JUST IN: 🇺🇸 Valkyrie filed it’s fourth amendment to it’s spot Bitcoin ETF with the SEC 👀

"From this chart, it really looks like Bitcoin is going to fly and the previous ATH will become like the little 2018 bump."

- Ben Van Hool

JUST IN: 🇺🇸 Bitwise's spot Bitcoin ETF is now listed on the Depository Trust & Clearing Corporation with the ticker $BITB 🙌

NEW: FT finally admits that Bitcoin mining may provide environmental benefits 🙌

NEW: 🇺🇸 SEC Chair that Bitcoin ETF applications may have a new outcome than in the past based on court rulings 👀

"We had in the past denied a number of these applications, but the courts here in DC weighed in on that. So we’re taking a new look at this based upon those court rulings."

- Gary Gensler

Read between the lines, we are coming closer to approvals

Or not idk im not a financial expert lol

JUST IN: 🟠 Former PayPal President says new fair value accounting for Bitcoin is a big deal 🐂

"This removes a large obstacle standing in the way of corporations holding Bitcoin on their balance sheet."

- David Marcus