Bitcoin Finance Considerations with Deloitte

An overview of key finance, accounting, tax, and audit considerations for corporations integrating Bitcoin into a treasury reserve strategy.

• Accounting considerations

• Tax considerations

• Audit considerations

• Risk controls

• Strategic considerations

• ADDITIONAL INFORMATION: 
  
• Deloitte - Corporates Investing in Crypto : Considerations regarding allocations to digital assets

SPEAKERS:

Phong Le
President and CFO, MicroStrategy

Phong Le has served as President & Chief Financial Officer since July 2020, and has previously served in various senior executive positions, including Senior Executive Vice President, Chief Operating Officer and Chief Financial Officer, since joining MicroStrategy in August 2015. Prior to joining MicroStrategy, Mr. Le served as the chief financial officer of XO Communications, a privately‐held telecommunications company, from August 2014 to August 2015. From March 2010 to August 2014, Mr. Le held senior positions at NII Holdings, a Nasdaq‐listed telecommunications company, including vice president of financial planning and analysis, vice president of strategy and business operations, and vice president of strategic finance. Prior to that, Mr. Le worked in the consulting practice at Deloitte from 1998 to 2010, where he held various positions, including senior manager. Mr. Le holds a B.S. in Biomedical Engineering from The Johns Hopkins University and an M.B.A. from the Sloan School of Management at the Massachusetts Institute of Technology.

Rob Massey, Partner
Global Tax Leader – Blockchain and Digital Assets 

Rob Massey has over 20 years of professional experience in tax consulting for technology companies. Since 2013, he has focused on blockchain, digital assets, cryptocurrency and tokenization. He serves companies throughout the blockchain ecosystem inclusive of investors, miners, staking providers, payment processing, wallet hosting, exchanges, hedge funds, tokenization and protocol development. Rob leads Deloitte’s blockchain efforts in tax for the global firm.
Rob’s blockchain expertise spans the comprehensive tax considerations of blockchain enabled transactions and the analysis of the tax impacts of tokenization and digital asset transactions across various business models and industries. Rob holds a B.S in Accounting from the University of San Diego and a M.S. in Tax from San Diego State University. Rob is also a certified public accountant.

Amy Park, Partner
US Audit & Assurance Blockchain & Digital Assets Specialist

Amy has more than 16 years of experience in public accounting, including a practice fellowship at the Financial Accounting Standards Board. Currently, she serves as an audit partner in Deloitte’s National Office Accounting and Reporting Services specializing in technical accounting matters in consolidation, financial instruments, and digital asset accounting. She also serves on the AICPA’s Digital Assets Task Force, focusing on accounting matters. In addition to her technical experience, Amy has served public and private companies in the banking and securities industries. Amy is a member of the American Institute of Certified Public Accountants. Amy holds a B.S. in Economics with a concentration in Accounting from The Wharton School, holds a B.A. in East Asian Studies from the University of Pennsylvania, and is a certified public accountant.