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Crypto: Impairment of Digital Assets (ASU 2023-08)

Applies the latest FASB fair value rules to crypto holdings.

Update the accounting policy for {company_name} regarding {crypto_ticker} holdings. Per the new FASB guidance (ASU 2023-08), explain the transition from the 'Indefinite-Lived Intangible' model to the 'Fair Value' model. Provide the entry to record a price increase from {cost_basis} to {current_market_price}.

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