Damus
Liberty Farmer · 2w
Lol, no. Selling debt and issuing stock does not equal cash flow. That's just accounting BS. They can now count unrealized gains/ losses on their Bitcoin as net income. Net income on unrealized digit...
Stegstr profile picture
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Liberty Farmer · 2w
It's not distorting financial health, it's just stupid. It isn't net income, or cash flow. It isn't income at all. Likewise, it can't be a loss if you don't sell it.