@perkinsights: Before 2025, Generally Accepted Accounting Principles (GAAP) created a major disadvantage for companies holding Bitcoin. If Bitcoin’s price dropped, companies had to write down its value on their balance sheets. But when Bitcoin’s price recovered, they couldn’t recognize those gains until they sold! That just changed in 2025, when new accounting rules took effect requiring eligible crypto assets to be reported at fair market value. Congratulations to the companies that held Bitcoin on their balance sheets and managed to survive the old accounting rules! #Bitcoin #DigitalAssets #Crypto #GAAP