Originally aired on Apr 14, 2023

Bill talks to Pat White Founder of Bitwave, a business-centric accounting and tax platform for companies that use crypto as part of their business. They help bridge the gap between wallets, blockchain, custodial accounts, exchanges, and internal ERP systems for managing all things digital asset and accounting. Corporate treasury adoption of Bitcoin and Ethereum is a question that comes up often as their tax treatment is unclear.

What is the advantage of Bitwave?

• Bitwave is an accounting and tax platform for businesses that use crypto as part of their business.
• They help bridge the gap between wallets, blockchain, custodial accounts, exchanges, and internal ERP systems for managing all things digital asset and accounting.
• Corporate treasury adoption of Bitcoin and Ethereum is a question that comes up often as their tax treatment is unclear.
• Transactions for companies like Opensea can reach over 50 million a year, making their accounting needs unique.
• As the next crypto adoption cycle ramps up, the question of corporate treasury adoption and tax treatment will become increasingly important.