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The new rule, introduced by the Financial Accounting Standards Board (FASB) in December 2024, now allows companies to update the value of their crypto assets each quarter.

Bitcoin hits a record high, boosted by rising demand and growing optimism around Trump’s potential pro-crypto policies following his inauguration.

According to MicroStrategy’s Michael Saylor, “If the US adopts Bitcoin as a strategic reserve, Japan and other countries in Asia will follow”.