The FASB's recent accounting rule revisions are poised to provide a more favorable outlook for companies holding digital assets, helping them mitigate the unfavorable optics generated by impairment losses, as stated in the report.
MicroStrategy intends to offer up to $750 million worth of stock, potentially for the purpose of acquiring BTC. The announcement triggered an increase in the price of Bitcoin.
MicroStrategy is considering selling up to $750 million worth of its stock, with the potential intention of acquiring BTC. As a result of this announcement, the price of bitcoin experienced a surge.
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