<oembed><type>rich</type><version>1.0</version><title>Jose Sammut wrote</title><author_name>Jose Sammut (npub1yj…svhk7)</author_name><author_url>https://nostr.now/npub1yj69jq9f977y2f7vl96m6stf3rjyf3hym8ekf3g4senlqamz8l3qfsvhk7</author_url><provider_name>njump</provider_name><provider_url>https://nostr.now</provider_url><html>OK, so if BTC rallies to two hundred something thousand, MSTR cost basis is ~150k, and then a bear market starts and they decide to &#34;buy the dip&#34; with more debt pushing cost basis even higher to try and prop up BTC, and all of a sudden you start getting FUD pushing price lower... &#xA;Now the 2026/27 maturities are coming up, you&#39;ve got margin calls and forced liquidations up your ass and you&#39;ve popped the bubble. &#xA;&#xA;&#34;Investors panic&#34; is a problem if you&#39;re raising money through debt. You cannot tell them to suck it up like you can to shareholders. </html></oembed>