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![florentbtc Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::4278926553.png) Asimov ☩ 🟧 [@florentbtc](/creator/twitter/florentbtc) on x XXX followers
Created: 2025-07-22 21:53:27 UTC

I appreciate your work, and $MARA is actually my largest position. What I don’t understand is why they haven’t revalued their BTC holdings according to ASU 2023-08 in the latest Q1 report. That’s why I asked how confident you are that they’ll do it in Q2. As you know, this FASB update was supposed to apply to the first reporting after December 15, 2024. Grok says companies have some flexibility when applying new accounting standards at the beginning of a fiscal year. Do you also think this is the reason for the delay?


XX engagements

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**Related Topics**
[$mara](/topic/$mara)
[stocks financial services](/topic/stocks-financial-services)
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[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
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[coins pow](/topic/coins-pow)

[Post Link](https://x.com/florentbtc/status/1947777033519399211)