SEC rejects MicroStrategy's Bitcoin accounting practices: report PlatoBlockchain Data Intelligence. Vertical Search. Ai.

SEC rejects MicroStrategy’s Bitcoin accounting practices: report

SEC rejects MicroStrategy's Bitcoin accounting practices: report PlatoBlockchain Data Intelligence. Vertical Search. Ai.

The business intelligence firm has reported it used non-GAAP methods of calculating figures for its BTC buys excluding the “impact of share-based compensation expense and impairment losses and gains on sale from intangible assets.”

Source: https://cointelegraph.com/news/sec-rejects-microstrategy-s-bitcoin-accounting-practices-report

Time Stamp:

More from Cointelegraph