First Bitcoin Capital Corp (BITCF)

[I-Glow]

Both methods are GAAP compliant - market or cost - the SEC wouldn't have suspended because of how they booked their assets.

If they decided to book the Bitcoins at market value - but it would be listed as a gain and would have to be dealt with on the Income Statement or Statement of Operations.

That is why companies stay consistent with how they book assets.

IG