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Up or Down? Put Your Market Intuition to the Test!HTX Refer And Earn HTX Creation Challenge — Post and Win 1,500U 💥Strategy needs to monetize BTC after buying time with digital credit framework, Galax

Up or Down? Put Your Market Intuition to the Test!

HTX  Creation Challenge — Post and Win 1,500U 💥

Strategy needs to monetize BTC after buying time with digital credit framework, Galaxy ResearchAlex Thorn, the head of firmwide research at Galaxy Research, shared Galaxy’s analysis on X, adding his voice to the debate regarding Strategy’s newly announced Digital Credit Capital Framework.

The new rules have sparked a debate about whether or not they will solve the company’s capital-structure problems or simply delay them.How does Strategy’s new capital framework operate?
Strategy (Nasdaq: MSTR) recently disclosed a new “Digital Credit Capital Framework” in a 8-K regulatory filing.

Cryptopolitan reported that the framework grants the company formal permission to sell up to $1.25 billion worth of Bitcoin. Notably, the firm is facing a massive unrealized loss of roughly $14 billion on its holdings of 847,363 $BTC.

The framework creates a formal USD reserve policy that introduces revised dividend terms for its STRC preferred shares, and authorizes separate repurchase programs for both preferred stock and MSTR common shares at $1 billion each.The board has kept aside the company’s $2.55 billion cash reserve, restricting its use to preferred dividends and debt interest.

If the current spending rates of roughly $1.76 billion annually are retained, this reserve is expected to last for about 17 months. If the full authorized sale of Bitcoin were to be executed, total liquidity would stretch to approximately $3.8 billion, an amount that would cover about 26 months of obligations.

Alex Thorn of Galaxy Research pointed out that the core of the debate is whether these new rules actually solve Strategy’s capital-structure issues or simply delay them.

The company sold 32 $BTC for about $2.5 million in its first-ever Bitcoin sale in late May to cover a dividend payment. JPMorgan recommends that Strategy sell its shares to raise money rather than sell Bitc

Strategy needs to monetize BTC after buying time w

The Top 10 Corporate Bitcoin Holders Strategy (MSTR): 843,775 $BTC Twenty One Capital (XXI): 43,514 $BTC Metaplanet (MPJPY): 43,000 $BTC Mara Holdings (MARA): 36,303 $BTC Bullish (BLSH): 24,300 $BTC S

The Top 10 Corporate Bitcoin Holders

Strategy (MSTR): 843,775 $BTC

Twenty One Capital (XXI): 43,514 $BTC

Metaplanet (MPJPY): 43,000 $BTC

Mara Holdings (MARA): 36,303 $BTC

Bullish (BLSH): 24,300 $BTC

Strive (ASST): 19,921 $BTC

SpaceX (SPCX): 18,712 $BTC

Coinbase Global (COIN): 16,492 $BTC

Riot Platforms (RIOT): 15,680 $BTC

Cleanspark (CLSK): 13,924 $BTC

Strategy’s lead is not close. It is approximately 843,775 $BTC, which works out to more than 19 times what second-place Twenty One Capital holds. Saylor started buying bitcoin for the former Microstrategy in 2020, back when the idea of a Nasdaq-listed software company converting its treasury into bitcoin sounded fringe.

Five years later, that decision defines the company. Strategy now trades largely as a leveraged bet on bitcoin’s price, which explains why the stock has fallen 40% in 2026 even as its bitcoin holdings kept growing. Strategy abandoned its long-held “never sell” approach this year, something that stood out immediately after years of insisting every bitcoin purchase was effectively permanent.



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The Top 10 Corporate Bitcoin Holders Strategy (MS

🌟📢 SHIB's Rally Is Bigger Than Just a Meme While $SHIB started as a meme-inspired cryptocurrency, today's 36% surge shows that market attention can quickly return when momentum strengthens. Even so, e

World Cup Predictions: 100,000 USDT Daily

$FIL 📉 Short Price $0.752 · 5m +0.17% · 24h -0.58% · Vol 3.9x sellers are swarming the ceiling while momentum wilts and smart money quietly trims into the bounce SL $0.758 · TP $0.7418 · R:R 1.7 $EUL 

HTX Creation Challenge — Post and Win 1,500U 💥Up or Down? Put Your Market Intuition to the Test!HTX Refer And Earn Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of cap

Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capital

Bitcoin investors got no real relief from the ECB as bond runoff, higher yields, and tighter lending continued draining market support.



01The ECB held rates steady, but APP and PEPP runoff continued as euro-area banks tightened business and mortgage credit.

02July’s scheduled €51.753 billion bond runoff shifts more debt to private buyers, competing with capital available for Bitcoin.

03Bitcoin’s next liquidity test hinges on real yields, bank credit, stablecoin supply, ETF flows, leverage and market 

Bitcoin traded around $64,000 on July 25 after changing hands near $65,000 around the ECB’s July 23 decision as the central bank kept rates unchanged, its bond portfolios continued shrinking, and euro-area banks 



Bitcoin is now fighting the ECB’s €51.8 billion bo

$BARD BREAKOUT LOADING – 30-50% MOVE IN PLAY! 🚀💥 Suppression phase is ending. Every time this pattern formed on lower timeframes, BARD ripped through resistance like wet cardboard. 🌊 The current accum

HTX Creation Challenge — Post and Win 1,500U 💥Up or Down? Put Your Market Intuition to the Test!HTX Refer And Earn Hyperliquid: Can $1.2M in token burns help HYPE flip $60? Hyperliquid generated $1.4 

Hyperliquid: Can $1.2M in token burns help HYPE flip $60?
Hyperliquid generated $1.4 million in fees and burned 20.64K HYPE worth $1.2 million.

Hyperliquid [HYPE] has historically deployed deflationary mechanisms to control supply and absorb market pressure. The project has mostly used the protocol’s revenue for token buybacks and burns to achieve these goals. 

Hyperliquid burns $1.2 million worth of HYPE

With HYPE prolonging its stay below $60, the project once again used its revenue to reduce inflation. Since August 2025, the Hyperliquid network has generated $800 million in net income, with HyperCore accounting for 95% of the income. 




Hyperliquid: Can $1.2M in token burns help HYPE fl

Up or Down? Put Your Market Intuition to the Test!HTX Refer And Earn HTX Creation Challenge — Post and Win 1,500U 💥Bitcoin: помогут ли притоки Morgan Stanley на $400 млн вернуть BTC к $65 000? Институ

Bitcoin: помогут ли притоки Morgan Stanley на $400 млн вернуть BTC к $65 000?

Институциональный спрос на Bitcoin (BTC) продолжил расти после того, как Bitcoin Trust от Morgan Stanley превысил $400 млн совокупных притоков.

Тем временем спотовые Bitcoin ETF в США зафиксировали $51,83 млрд совокупных чистых притоков.

Однако за сутки фонды также зарегистрировали около $240 млн чистых оттоков, что показывает неравномерный краткосрочный спрос. Такая ситуация наблюдается на фоне того, что Bitcoin продолжает торговаться ниже психологического уровня $65 000.

Это заставляет инвесторов задаваться вопросом, сможет ли институциональный спрос обеспечить достаточный импульс для восстановления рынка.

Ончейн-метрики указывают, что потенциал для дальнейшего роста всё ещё сохраняется.

Продолжают ли институты покупать Bitcoin?

Согласно анализу AMBCrypto, показатель MVRV Z-Score для Bitcoin составляет 0,39. Это означает, что BTC торгуется относительно близко к своей реализованной стоимости (Realized Value).

Исторически низкие значения MVRV Z-Score часто наблюдались в периоды, благоприятные для накопления. Однако сам по себе этот показатель не подтверждает, что рынок уже достиг своего дна.

Одновременно с этим майнеры сократили объёмы продаж. Переводы майнеров на криптобиржи снизились до 968 BTC, что стало самым низким месячным показателем за рассматриваемый период.

Снижение переводов может уменьшить краткосрочное давление со стороны продавцов и позволить новому спросу сильнее влиять на цену Bitcoin.

Тем не менее более низкие объёмы переводов не гарантируют, что майнеры полностью прекратили продажи через другие каналы. В совокупности институциональные притоки капитала и сокращение активности майнеров могут повысить шансы Bitcoin на восстановление.

Bitcoin: помогут ли притоки Morgan Stanley на $400

🦈 $AR SMART MONEY ACCUMULATING — BREAKOUT IN PLAY 📈 Entry: 1.86 – 1.88 ⚡ Target 1: 1.92 🚀 Target 2: 1.98 🚀 Target 3: 2.08 🚀 Stop Loss: 1.82 ⚠️ 📌 This demand zone near 1.86 has been defended twice by a

Global central banks are weighing how to respond to oil prices returning to around $100 a barrel. According to Odaily, the Federal Reserve, the Bank of England and the Bank of Japan may show varying d

Global Central Banks Face Pressure as Oil Returns Near $100 a Barrel

After six years of pie-in-the-sky fundraising, 90% of funds used to replenish cash flow: The illusion and reality of L'CI Technology's silicon carbide "industrialization"｜TMTPost Deep Dive

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Bitcoin Consolidates for Next Move, HYPE Restarts Bearish Trend | Guest Analysis

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