ilmscore | Prediction Details
"if you reference my other video about micro strategy I talk about something called the Financial Accounting Standards Board or fasb and the new accounting rules which just took effect on December 15th 2024 where micro strategy can now finally start accounting for unrealized Bitcoin gains as part of their income or their earnings now if bitcoin's price continues to go up this could flip micro strategies profitability from red to Green making them eligible to join the index"
By Andrei Jikh | December 23, 2024 | Pending
From video
You’re Now A Bitcoin Investor — Thanks To This MAJOR Change 00:11:39 - 00:12:13
Interpreted Prediction
New FASB accounting rules effective December 15th, 2024, allow MicroStrategy (MSTR) to account for unrealized Bitcoin gains as earnings. If Bitcoin's price rises, this could make MSTR profitable and eligible for the S&P 500.

Prediction Details

Ticker
MSTR
Initial Price
332.23 USD

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.