Fair Value
Accounting valuation of an asset at real-time market price.
Definition
Fair value is the price at which an asset could be exchanged between informed parties in a market transaction. FASB ASU 2023-08, adopted by many companies in 2025, allows US companies to mark their Bitcoin holdings to fair value, recognizing both gains and losses in the income statement. This contrasts with the previous standard, which only allowed losses (impairment) to be recorded. Fair value adoption makes it easier to compare a treasury company's BTC NAV against its market capitalization.
Related Terms
Mentioned in
- BlogEuropean Bitcoin Treasuries: 35 verified companies (Oct 2026)
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- BlogBitcoin accounting for companies: FASB vs IFRS
- BlogBitcoin treasury companies: 180 firms with BTC (Oct 2026)
- BlogmNAV explained: the key metric for valuing Bitcoin treasury companies
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