Dylan LeClair
· 119w
Before MicroStrategy had announced its bitcoin strategy.
Now who’s ready for the FASB crypto accounting rule change. Corporates arriving in 2024.
https://m.primal.net/HRqJ.jpg
Absolutely freaking legend. Whats the FASB net effect on balance sheet? 4X current assets? Then leverage/issue more stock against new financials > rinse > repeat.