The last hurdle for MSTR to qualify for the S&P 500 is to achieve positive GAAP net income over the trailing 12 months.

The February webcast included one-on-one discussions with the chairs of the accounting and auditing standard setters.

Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that ...

Elon Musk’s company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without ...

Tesla’s latest SEC filing confirms it still holds 11,509 BTC, valued at $1.1 billion, but has not increased its Bitcoin ...

With new accounting rules in place, corporate Bitcoin holders like Tesla have more pathways for using BTC as collateral ...

Strategy (formerly MicroStrategy) gains analyst attention with $560 price target amid FASB accounting rule changes and Bitcoin-AI strategic focus.

The stock could be eligible for S&P 500 index inclusion once it adopts updated FASB accounting standards, the report said.

The US accounting standard-setter told its staff to write up a final plan based on its proposal giving clarity to companies that offer customers certain share-based financial incentives.

For Q4 2024 earnings, Coinbase is expected to beat Wall Street revenue estimates by 26% and EPS estimates by 407%. See why I rate COIN stock a strong buy.

The company was able to book these bitcoin-derived profits due to a change in Financial Accounting Standards Board (FASB) guidelines for crypto assets. The new rules or ASU 2023-08 allow companies ...