The Sats Per Share Mirage: B HODL's MicroStrategy Mimicry and the Fragile Bitcoin Treasury Narrative
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Neutral
Market Sentiment
Block reward halving event
Team and early investor shares released
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
92 million ARB released
Raises validator limit and account abstraction
Improves data availability sampling efficiency
Block reward reduced to 3.125 BTC
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Bitcoin Season