MicroStrategy's mNAV Meltdown: The End of the Bitcoin Leverage Narrative
mNAV just broke 1. The equity issuance engine that kept MicroStrategy (now...
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
Block reward halving event
Independent validator client goes live on mainnet
Team and early investor shares released
92 million ARB released
Raises validator limit and account abstraction
Improves data availability sampling efficiency
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$64,660.2 |
| 1 |
Ethereum
ETH
|
$1,877.04 |
| 1 |
Solana
SOL
|
$77.37 |
| 1 |
BNB Chain
BNB
|
$578 |
| 1 |
XRP Ledger
XRP
|
$1.11 |
| 1 |
Dogecoin
DOGE
|
$0.0737 |
| 1 |
Cardano
ADA
|
$0.1643 |
| 1 |
Avalanche
AVAX
|
$6.66 |
| 1 |
Polkadot
DOT
|
$0.8510 |
| 1 |
Chainlink
LINK
|
$8.35 |
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mNAV just broke 1. The equity issuance engine that kept MicroStrategy (now...
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