MicroStrategy's $1.4B Unrealized Profit: A Leveraged Bet on Narrative, Not Fundamentals
The ledger does not lie, but the narrative does. On March 11, 2024,...
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Neutral
Market Sentiment
Independent validator client goes live on mainnet
Block reward reduced to 3.125 BTC
Raises validator limit and account abstraction
Block reward halving event
Circulating supply increases by about 2%
Team and early investor shares released
Improves data availability sampling efficiency
92 million ARB released
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$76,050 |
| 1 |
Ethereum
ETH
|
$2,412.77 |
| 1 |
Solana
SOL
|
$97.61 |
| 1 |
BNB Chain
BNB
|
$713.2 |
| 1 |
XRP Ledger
XRP
|
$1.29 |
| 1 |
Dogecoin
DOGE
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$0.0801 |
| 1 |
Cardano
ADA
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$0.1947 |
| 1 |
Avalanche
AVAX
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$7.29 |
| 1 |
Polkadot
DOT
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$0.9592 |
| 1 |
Chainlink
LINK
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$10.85 |