Change to US accounting rules will be a boon to companies holding crypto in 2025

FASB approved new rules for fair value accounting of corporate crypto holdings starting in 2025.
Removes impairment losses but adds volatility to earnings.
Allows recording of financial recoveries from rising crypto prices.
Affects crypto-native companies like Coinbase and companies holding large crypto like MicroStrategy.
Saylor says fair value accounting removes impediment to corporate Bitcoin adoption.

cointelegraph.com

Relevant topic timeline:

9/7/2023

New Accounting Rules Help Companies Holding Crypto Like Tesla

The U.S. Financial Accounting Standards Board has voted to change how digital assets are valued, a move that could benefit companies, including Tesla and Bitcoin, that hold cryptocurrency.

9/8/2023

FASB Accounting Change Removes Bitcoin Impairment Barrier for Corporations

The Financial Accounting Standards Board (FASB) has voted to allow companies like MicroStrategy to report their bitcoin holdings without recognizing impairment losses if the cryptocurrency's price drops, eliminating the negative impact on the company's value.