Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Corporations will now be able to report btc gains on their asset if they hold it, pumping their overall stock price value for EOY reporting.
Funny how a major barrier to corporate bitcoin holding adoption is changed right before the coming Bitcoin ETF approvals?
What amazing timing! I'm shocked, shocked I tells ya! /s
https://twitter.com/davidmarcus/status/1734974716505649531
Funny how a major barrier to corporate bitcoin holding adoption is changed right before the coming Bitcoin ETF approvals?
What amazing timing! I'm shocked, shocked I tells ya! /s
https://twitter.com/davidmarcus/status/1734974716505649531
This is indeed a big deal but it’ll be another year before it goes into effect so the timing of it being announced right before the ETF approval doesn’t mean much. What it does mean is that a perfect storm is once again brewing for the 4 year ATH to get set in mid/late 2025. Exciting for people who are already happy with the $40K price.