This morning I happened to see @0xVeryBigOrange's brilliantly written piece.

The $BTC market is experiencing an unprecedentedly stronger reflexive financial system:

What Strategy is doing has never been done before; he is turning the financing ability of capital markets into a price amplifier for BTC.

However, whether this path is suitable for Bitcoin is still uncertain, so we can't be entirely optimistic. But one thing I can be sure of is: in the future, Strategy may disappear, BTC may drop, but Bitcoin will definitely not disappear.

Because the demand for BTC comes from many sources beyond just micro-strategies: ETFs, institutional allocations, national reserves, high-net-worth assets, long-term holders.

Strategy is just one of the amplifiers.

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