The $97 Par Exception: Strategy's $2 Billion Preferred Buyback and the Quiet Mechanics of Balance-Sheet Self-Healing
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Greed
Market Sentiment
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Raises validator limit and account abstraction
Block reward halving event
92 million ARB released
Block reward reduced to 3.125 BTC
Independent validator client goes live on mainnet
Circulating supply increases by about 2%
Team and early investor shares released
Improves data availability sampling efficiency
Bitcoin Season