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Saylor just dropped "I Won't Back Down" while MicroStrategy's BTC position is getting pummeled. Here's the reality check:
• Holding 649,870 BTC at $74k avg cost (now worth $56B)
• Still up 16.67% despite BTC crashing from $120k → $90k
• But MSTR stock got demolished—premium over NAV basically gone
BTC tanked 30%+ from October peak, liquidations flying everywhere. Peter Schiff and the usual suspects smelling blood in the water.
Saylor's move? Same old playbook—pretend the dip doesn't exist, mission unchanged, company can "handle deeper retracements."
Honestly? His conviction is unhinged (in either a genius or delusional way). 77.8% of his followers HODLed through the bloodbath too. That's either diamond hands or collective delusion.
The question isn't whether he backs down—it's whether MicroStrategy's stock can survive if BTC doesn't bounce.