Strategy bought another 520 BTC—but raised nearly ten times more through common-stock sales and lifted its cash reserve to $1.4 billion. Today’s episode breaks down why that reserve matters for Strategy’s preferred securities, how a zero-timestamp gossip message could crash older LND nodes, and why the proposed ICE–OKX joint venture matters to regulated Bitcoin market infrastructure.

Plus: Strive adds 759 BTC while expanding its capital structure, mining difficulty points upward again, ETF flow data pauses after two negative sessions, and industry groups fight over the tax treatment of mined bitcoin.

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