The National Taxpayers Union Foundation issued a report Friday saying that federal credit programs are costing taxpayers tens of billions of dollars more than estimated because the federal government ...
When Bitcoin debuted in 2009, its price was one-tenth of a cent. Now, a single Bitcoin costs close to $69,000. During its time on the market, the price has repeatedly risen or fallen by thousands of ...
There's yet another hearing on "fair value" accounting today, this time in the House subcommittee on capital markets. But don't expect a suspension of the rule that requires to mark-to-market ...
NEW YORK, Feb 26 (Reuters) - Some investors are starting to question an accounting method used to put a market value on hard-to-price assets as the credit crunch has caused their markets to evaporate.
SAB 121, which limits banks’ ability to offer custody services for digital assets, has long been a barrier to broader institutional adoption. Adam Guren, founder of Hunting Hill Global Capital, called ...
Determining the fair market value (FMV) of cryptocurrency remains essential for accurate tax reporting, investment decisions ...
To adopt FASB Statement no. 159, companies must comply with the requirements of Statement no. 157, Fair Value Measurements . Companies and their auditors must consider whether the use of fair value ...
Explore EY's latest guidance on accounting for digital assets under US GAAP, including cryptocurrencies, stablecoins, and ...
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The bull and bear case for MicroStrategy after the Bitcoin accounting nightmare
Quick Read MicroStrategy (MSTR) fell 62.5% year-over-year despite holding 713,502 bitcoins at 10% above its $76,052 cost basis. MicroStrategy reported a $17.44B unrealized loss in Q4 due to fair value ...
LendingClub Corporation recently reported fourth-quarter 2025 net income of US$41.55 million and full-year net income of US$135.68 million, alongside lower quarterly net charge-offs of US$40.07 ...
WASHINGTON, Sept 23 (Reuters) - Suspending rules that require financial companies to value assets at current market prices would only further erode investor confidence, Federal Reserve Chairman Ben ...
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