BTCS CEO: Frequent Public Disclosure of Crypto Holdings Not Necessarily in Shareholders' Best Interests
BlockBeats News, August 17th, Charles Allen, CEO of the Ethereum strategic reserve company BTCS, stated that although the cryptocurrency space emphasizes real-time transparency, U.S. listed companies follow a quarterly disclosure rhythm, and for major events, they must disclose within 4 days—this is the current requirement.
U.S. listed companies can certainly choose to disclose information more frequently, as long as they avoid involving GAAP (Generally Accepted Accounting Principles) metrics that require auditor review.
However, more frequent disclosure is not always in the best interest of shareholders, and the board has a fiduciary duty to protect shareholder interests. After all, laying all your cards on the table is not the way to win at the game.
You may also like

10 Counterintuitive Insights on Latin American Payments

Perp DEX: The Next Generation Exchange "War"

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya

The impossible triangle is simply a pseudo problem

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

Blockchain Capital Partner: The Core Secret of Arbitrage

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management

WEEX All-New Search Features: Find, Trade & Earn Faster Than Ever

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?


