The Washington Post is reporting that Trump will repeal SAB 121 on day one.
(Congress passed the repeal last year, but Biden vetoed it)
It's the third of Saylor's three catalysts for $5m BTC:
✅ Spot ETFs
✅ Fair value accounting
✅ Banks can custody Bitcoin (SAB 121 repeal)
https://file.nostrmedia.com/p/e8d66519e43b1214ac68f9f2bdbc4386d41ac66b20c5a260b9b04102784074e9/8bfdd29b8c2b8055b4b17555aa074ada8458b9dffbb01639514ade1f57aeffb3.mp4
Can someone explain to a smooth brain like me how it’s a liability on a balance sheet?
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