Accounting
On Nov. 14, 2025 the Financial Accounting Standards Board proposed guidance to clarify how cryptocurrency transfers should be reported, aiming to reduce ambiguity in financial statements. The draft targets when movements are treated as sales versus custody transfers and calls for more consistent disclosures.
Trump Media & Technology Group reported a $54.8 million quarterly net loss largely tied to write-downs on its bitcoin holdings. While the company disclosed a sizable BTC position that swung in value and produced headline losses, recent price strength could alter the calculus going forward. Here’s what investors should know and how exposure to volatile crypto assets matters for legacy and new-age media firms.
The 2023-08 Accounting Standards Update introduces important changes regarding the treatment of intangibles, goodwill, and cryptocurrencies. Learn how these updates affect crypto accounting practices and how platforms like Bitlet.app can help you navigate these changes.
Stay informed about the latest updates in website privacy policies and the Accounting Standards Update 2023-08 focused on intangibles. Learn how these changes impact your digital experience and financial reporting.