No one is talking about a very bullish thing for bitcoin and crypto

Yesterday it was announced that the way bitcoin is classified on the balance sheet will be changed.

Previously one had to mark down the price of bitcoin when it went down and show a loss, but could never mark it back up when it went up.

This made it not attractive for companies to put it on their balance sheet.

However, that has now changed....

And this guy couldn't be happier!

(Source: https://twitter.com/BTC_Archive/status/1700099828133306876/photo/1)

My guess is we will see a few more companies come out and start putting bitcoin on their balance sheet as well.