# SEC rejects MicroStrategy’s Bitcoin accounting practices: report

# SEC rejects MicroStrategy’s Bitcoin accounting practices: report

“# SEC rejects MicroStrategy’s Bitcoin accounting practices: report ” Business intelligence firm MicroStrategy reportedly acted contrary to the Securities and Exchange Commission’s accounting practices for its crypto purchases. According to a Bloomberg report, a comment letter from the SEC released Thursday showed the regulatory body objected to MicroStrategy reporting information related to its Bitcoin (BTC)…

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