Been watching Saylor walk back "never sell" in real time over the last few weeks and nobody is talking about what this actually means for $MSTR

The premium MSTR trades at over its actual BTC holdings only exists because the market believes he'll never be forced to sell

If that belief cracks, MSTR is just a leveraged btc etf with extra steps. This will put the "Strategy" at risk... The alternative? Selling BTC gains confidence with TradFi and that's who he is really catering to

Made a video on it: