Balance Sheet

A balance sheet is a financial statement detailing a company’s assets, liabilities and shareholders' equity at a specific period. In cryptocurrency, assets would include several holdings of different coins like Bitcoin, Ethereum or stablecoins, as well as any other digital assets like non-fungible tokens (NFTs). Liabilities may include loans taken against crypto holdings, debts or obligations. Finally, equity refers to any amount belonging to the investor after liabilities have been paid or deducted from the assets. Essentially, it shows the true worth of your holdings.