Bitmain includes digital currency in its financial statements at cost price

Bitmain includes digital currency in its financial statements at cost price

According to foreign media reports, Bitmain's financial report shows that the company now records digital currencies in other current assets at cost price (market price when digital currencies are received), and its price fluctuations are not included in the report. At the end of December 2017, the company held 841,800 BCH, 36,800 BTC, 925,000 LTC, 312,000 DASH, and 747 ETH, respectively. As of the end of March 2018, the company held 1.021 million BCH, 22,000 BTC, 930,900 LTC, 312,000 DASH, and 1,097 ETH, respectively.

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