Corporate Bitcoin Adoption Wave Coming
From Matthew Kratter's Bitcoin University
# Video Description
> In this video, I discuss the changes that are making it easier for US corporations to hold Bitcoin on their balance sheets.
> Bitcoin now has regulatory clarity as a digital commodity, so it doesn't count towards the 40% of assets upper limit that was set by the Investment Company Act of 1940.
> Additionally, FASB has adopted fair value accounting rules for Bitcoin that will be used by all US companies, beginning in early 2025.
> The last remaining piece of the puzzle is allowing large US banks to custody Bitcoin. When that piece is in place, the corporate arms race to accumulate Bitcoin will commence with full force.
> Bitcoin is a much better store of value for corporate balance sheets than US government bonds, which lose purchasing power every year.
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