Part 7/14:
Another breakthrough in institutional finance is the US Financial Accounting Standards Board's (FASB) decision to allow fair value accounting for Bitcoin. This milestone eases the path for large corporations to hold Bitcoin on their balance sheets, potentially leading to new treasury allocations before year-end. Notably, Michael Saylor highlighted that Bitcoin is undervalued compared to its realized price, boosting optimism that more companies will adopt Bitcoin as part of their treasury strategy.