Bitcoin News
By Jean-Luc Maracon
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BIP-110 and the Fork Nobody Agrees On. The timing of the pause lines up pretty closely with the rise of BIP-110, a proposed soft fork for…
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Strategy's Numbers Are Uncomfortable. Set aside the protocol drama for a second and look at the balance sheet. Strategy holds 843,775 BTC.
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What the August Window Could Change. The BIP-110 signaling window opening in August is probably the next real inflection point for both…
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Michael Saylor says Bitcoin has won. But he's also warning it could lose — from the inside. And his company, Strategy, just backed that concern with five straight weeks of zero…
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That pause is notable. Strategy built its entire brand on buying Bitcoin relentlessly, almost mechanically, week after week.
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The timing of the pause lines up pretty closely with the rise of BIP-110, a proposed soft fork for Bitcoin that's become one of the more divisive technical debates in the…
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By August 2026, non-signaling blocks would be ruled invalid. Activation follows shortly after. That's not far off.
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Saylor's concern isn't subtle. He thinks changing Bitcoin's consensus rules — the foundational logic that governs how the network operates — risks undermining everyone who holds…
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So you've got Saylor on one side calling BIP-110 a self-inflicted risk, Back raising technical objections, and a chunk of the mining community that seems to be sitting on its…
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Set aside the protocol drama for a second and look at the balance sheet. Strategy holds 843,775 BTC. The company's stated goal is 1 million BTC by end of 2026.
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More context: Strategy Sits on $3.2B Cash Pile as Saylor Teases Bitcoins Next Color
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The math is pretty rough. To hit 1 million BTC on schedule from a standing start today would require enormous weekly purchases. Those aren't happening.
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The average cost per coin sits near $75,494. Bitcoin trades around $63,817. That's a significant unrealized loss sitting on the books.
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Strategy's preferred stock, STRC, trades below its $100 par value. The company did recently raise dividends and authorize a buyback program, but STRC hasn't responded the way…
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The BIP-110 signaling window opening in August is probably the next real inflection point for both the protocol debate and Strategy's posture.
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