7 Reasons to Consider Bitcoin as You Enter Retirement
For many, Bitcoin might seem like a young person’s game, but recent shifts in the financial landscape suggest it’s worth a second look. With inflation concerns, upcoming FASB accounting rule changes on Bitcoin assets, the rise of Bitcoin ETFs, and growing institutional interest, Bitcoin is becoming a compelling option for preserving purchasing power and diversifying portfolios. Imagine being able to buy the same house in Bitcoin terms that would’ve cost you thousands more a decade ago in dollars. As companies like Tesla and Fidelity join the Bitcoin space, this once “niche” digital asset is earning a place on balance sheets and in legacy planning. Adding even a small amount of Bitcoin to your portfolio could offer a unique buffer against market downturns and inflation, helping secure wealth for future generations.
How New Accounting Standards are Sparking Bitcoin Adoption in Business
With FASB’s new crypto accounting rules, businesses can now report Bitcoin holdings at fair value, allowing both gains and losses to be reflected. This shift opens doors for Bitcoin as a treasury asset, offering businesses a strategic hedge against inflation while maintaining transparent, accurate financial reporting. Sovreign helps companies navigate this process, from secure acquisition to financial reporting, enabling them to build a Bitcoin strategy that strengthens resilience and embraces the future of digital assets.