The $88.10 Signal: Why Strategy's Buyback Reveals the Cracks in the Bitcoin Treasury Model
At $88.10, Strategy’s perpetual preferred stock whispers a truth no press...
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At $88.10, Strategy’s perpetual preferred stock whispers a truth no press...
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Fear
Market Sentiment
Block reward reduced to 3.125 BTC
92 million ARB released
Team and early investor shares released
Block reward halving event
Improves data availability sampling efficiency
Circulating supply increases by about 2%
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
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