$BTC At this moment, looking at the climax of the micro-strategy (MSTR) K-line, I suggest you go wash your face and calm down.
Everyone is worshipping Michael Saylor as the "Bitcoin Father"; I see him more like someone walking a tightrope with a bomb strapped to his back. Don’t be fooled by the current rise; this is essentially a magic trick of "left foot stepping on the right foot to heaven":
Borrow money -> Buy coins -> Stock price rises -> Borrow more money -> Continue buying.
Doesn't this sound like the legendary "perpetual motion machine"? Anyone who has been through two bear markets in the crypto world knows that there is no perpetual motion machine that only rises; there are only the unlucky ones who end up holding the bag.
The fatal flaw of this play lies in "riding the waves to become a god, but losing everything in the wind." Once Bitcoin turns back, this spiral will accelerate in reverse: Coin price falls -> MSTR stock price crashes -> Financing becomes difficult -> Forced selling -> Coin price falls even worse.
Don't forget, Saylor is a veteran of the "zeroing out" world. During the internet bubble in 2000, he once crashed his company, and his net worth plummeted by tens of billions. This is not the first time he has taken everyone on a death roller coaster.
The most heartbreaking part is the hidden "tax landmine." The accounting rules have changed; paper wealth may turn into a real massive tax bill. By then, the coins haven't been sold, but the taxes come first, and the cash flow dries up immediately.
MicroStrategy is now the "nuclear bomb" that has added several times leverage to Bitcoin. If you have assets, don’t just shout "diamond hands"; be careful not to end up with nothing left.
Don’t want to be the unlucky one "standing guard" for the institution at the top of the mountain? I will only share the signals for escaping the peak and bottom fishing with those who understand.
👉 Don’t just stand there; hurry up and follow me, don’t come crying to me after you've lost everything!
