#SaylorBTCPurchase Under the new Financial Accounting Standards Board (FASB) guidelines, companies must account for digital assets at fair market value,
Financial Accounting Standards Board (FASB) now require companies to mark their digital assets to market, potentially exposing MicroStrategy to significant tax liabilities.
However, despite this potential hurdle, Saylor has consistently reaffirmed the company's commitment to its Bitcoin strategy, emphasizing a long-term "HODL".
Between April 14 and April 20, the firm acquired 6,556 BTC for approximately $555.8 million, at an average price of $84,785 per coin.
