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balance sheet – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 10 Jan 2025 03:49:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png balance sheet – DIGIT INFO https://www.digit.info 32 32 CleanSpark becomes fourth Bitcoin miner to hold 10,000 BTC https://www.digit.info/cleanspark-becomes-fourth-bitcoin-miner-to-hold-10000-btc/ Fri, 10 Jan 2025 03:49:10 +0000 https://www.digit.info/cleanspark-becomes-fourth-bitcoin-miner-to-hold-10000-btc/

CleanSpark joins MARA Holdings, Riot Platforms and Hut 8 Mining Corp as a major listed Bitcoin mining firm with 10,000 Bitcoin or more on its balance sheet.

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Rumble shares rise 9% as founder mulls scooping up Bitcoin https://www.digit.info/rumble-shares-rise-9-as-founder-mulls-scooping-up-bitcoin/ Wed, 20 Nov 2024 00:37:20 +0000 https://www.digit.info/rumble-shares-rise-9-as-founder-mulls-scooping-up-bitcoin/

Rumble shares soared after the bell as its CEO Chris Pavlovski said he’s considering adding Bitcoin to the video streaming firm’s balance sheet. 

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Michael Saylor to pitch Microsoft board on Bitcoin buying strategy https://www.digit.info/michael-saylor-to-pitch-microsoft-board-on-bitcoin-buying-strategy/ Wed, 20 Nov 2024 00:28:58 +0000 https://www.digit.info/michael-saylor-to-pitch-microsoft-board-on-bitcoin-buying-strategy/

MicroStrategy’s Michael Saylor says he’ll get three minutes to pitch Microsoft on why it should buy Bitcoin, claiming it would make it a more stable and less risky stock.

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BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services ‘at Scale’ https://www.digit.info/bny-mellon-engages-with-banking-regulators-to-offer-crypto-custody-services-at-scale/ Thu, 26 Sep 2024 23:30:54 +0000 https://www.digit.info/bny-mellon-engages-with-banking-regulators-to-offer-crypto-custody-services-at-scale/ Read more]]> BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services 'at Scale'BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative crypto custody market. BNY Mellon Pushes Forward With […]

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MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings https://www.digit.info/mara-adopts-full-hodl-strategy-surpasses-20000-btc-holdings/ Thu, 25 Jul 2024 13:35:16 +0000 https://www.digit.info/mara-adopts-full-hodl-strategy-surpasses-20000-btc-holdings/ Read more]]> MARA Adopts 'Full HODL Strategy,' Surpasses 20,000 BTC HoldingsMarathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy. Marathon Digital Rebrands to MARA, Boosts Bitcoin Holdings MARA (Nasdaq: MARA), a leader […]

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More firms set to add Bitcoin to balance sheets after major rule change https://www.digit.info/more-firms-set-to-add-bitcoin-to-balance-sheets-after-major-rule-change/ Thu, 14 Dec 2023 03:27:29 +0000 https://www.digit.info/2023/12/14/more-firms-set-to-add-bitcoin-to-balance-sheets-after-major-rule-change/

The rules allow crypto-holding companies to now report their paper gains, not just losses, which industry observers say could give more firms confidence to buy.

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Coinbase narrows loss while crypto trading volumes fall in Q3 https://www.digit.info/coinbase-narrows-loss-while-crypto-trading-volumes-fall-in-q3/ Fri, 03 Nov 2023 00:15:07 +0000 https://www.digit.info/2023/11/03/coinbase-narrows-loss-while-crypto-trading-volumes-fall-in-q3/

Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out.

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Binance CEO brushes off negativity, assures firm has ‘no liquidity issues’ https://www.digit.info/binance-ceo-brushes-off-negativity-assures-firm-has-no-liquidity-issues/ Thu, 07 Sep 2023 23:15:34 +0000 https://www.digit.info/2023/09/07/binance-ceo-brushes-off-negativity-assures-firm-has-no-liquidity-issues/

Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks.

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FASB rules ‘eliminate the poor optics’ that shied firms from crypto: Analyst https://www.digit.info/fasb-rules-eliminate-the-poor-optics-that-shied-firms-from-crypto-analyst/ Thu, 07 Sep 2023 04:53:05 +0000 https://www.digit.info/2023/09/07/fasb-rules-eliminate-the-poor-optics-that-shied-firms-from-crypto-analyst/

“The change should help MicroStrategy and other companies that hold digital assets to eliminate the poor optics that have been created by impairment losses,” said analysts from Berenberg Capital.

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How to handle crypto trading gains and losses on your balance sheet https://www.digit.info/how-to-handle-crypto-trading-gains-and-losses-on-your-balance-sheet/ Wed, 06 Sep 2023 07:37:44 +0000 https://www.digit.info/2023/09/06/how-to-handle-crypto-trading-gains-and-losses-on-your-balance-sheet/

Cryptocurrency taxation and reporting transactions on your balance sheet differ. Here’s how to treat cryptocurrency on your balance sheet.

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