Are you all asking about the cost line of MicroStrategy #BTC ? You guys are asking in the wrong direction.
That is not the cost line of just one company—it is the guillotine hanging over the entire bull market.
Does it say seventy-four thousand on the books? Too naive.
Debt interest, refinancing pressure, operational expenses piling up... the real safety line has long since reached the sky.
What is the most critical issue now?
It is that horizontal trend line that has been flat for three years.
Once it breaks, the problem is not 'how much MicroStrategy loses'—
but whether it will be forced to crash.
Who told you it only buys and never sells?
Do you understand how it operates?
Leverage Bitcoin to borrow → Raise money to buy more → Continue to leverage and borrow
As long as any link in this chain cannot hold...
It will have to personally crash the coins!
Do you know what a chain reaction is?
MicroStrategy starts to sell—institutions immediately follow suit—retail investors cry and panic sell—prices collapse even more—collateral shrinks—forcing it to keep selling...
Do you see it? This is the death spiral!
Does it matter if it wants to sell or not?
Not at all! This mechanism is like a wound-up meat grinder—
When prices drop to a critical point, it has to sell whether it wants to or not!
So why do those big funds stare at that line all day?
Because that is not a trend line at all...
It is the switch for the nuclear missile silo.
MicroStrategy's cost?
Ha... that is the Maginot Line of the entire crypto world.
If this line blows up...
Just wait and see, this round of the bull market could be torn to shreds.
Escape the top and recover @BTC老道
