Definition ∞ Asset Revaluation involves adjusting the recorded value of a digital asset to reflect its current market price or estimated worth. This accounting practice updates an asset’s book value to align with prevailing economic conditions or recent transactions. It ensures financial statements accurately represent the asset’s contemporary economic standing. Revaluation is crucial for transparency and accurate financial reporting.
Context ∞ In the rapidly moving digital asset markets, asset revaluation is a frequent topic, particularly for institutional holders and corporations with cryptocurrency on their balance sheets. Regulatory bodies are increasingly scrutinizing the methodologies used for these adjustments to ensure fair and consistent reporting. Discussions often center on the timing and criteria for such value updates.
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