BBX: "Liquidity Stock Split" and "Layer 2 Protocol Sovereignty" - MSTR announces 10 fold stock split, MARA launches Anduro institutional mainnet

BBX News: Yesterday, global listed companies demonstrated a dual qualitative change in the governance of their encrypted treasury, with "financial liquidity release" and "second layer settlement sovereignty", marking that the utilization of Bitcoin by enterprises has evolved from a simple "treasury asset" to a "financial settlement cornerstone" supporting global business The stock split effect has exploded: MicroStrategy (NASDAQ: $MSTR) officially approved a 1:10 stock split plan yesterday. As the world's largest publicly traded cryptocurrency holding entity by 2026, this move aims to clear the last price barrier for retail investors and institutions to enter. Second layer sovereignty sets sail: MARA Holdings (NASDAQ: $MARA) launches Anduro institutional mainnet. By integrating Bitcoin with sidechain technology, MARA is attempting to establish a two-tier settlement sovereign system with compliance audit capabilities that serves global listed companies. Investment Bank Repurchase Agreement: Goldman Sachs (NYSE: $GS) completes its first Bitcoin Repo transaction for businesses. Goldman Sachs has officially introduced Bitcoin into its asset buyback toolbox, indicating that Bitcoin has become recognized by Wall Street as a highly liquid and high-quality collateral. - Hybrid infrastructure financing: Applied Digital (NASDAQ: $APLD) received $200 million in financing. By coupling AI computing power with BTC mining in the same physical space through liquid cooling technology, APLD demonstrates the most resilient computing unit revenue model for 2026. - Further reduction in energy efficiency costs: Iris Energy (NASDAQ: $IREN) sprints towards 30 EH/s computing power. The company has indirectly achieved a "secondary compression" of the mining cost of Bitcoin by selling the surplus generated by thermal energy to the AI computing power cluster. The market presents a clear dual evolution trend of "asset securitization of treasury" and "transformation of mining enterprise operation towards second tier agreement settlement". Source: bbx.com