Let's talk about Mstr again. The tweet from the night before yesterday clearly talked about a few points about Mstr: 1) At that time, I saw many statements that said "I won't buy coins anymore, the money should be used to repay debts." In fact, issuing bonds to raise funds and hoard coins, and selling stocks to raise funds and repay interest are strategies that Mstr officials have established for a long time. 2) He often mentions the possibility of a thunderstorm, and whether it will happen depends on his debt structure and cycle. In fact, MSTR has voluntarily redeemed several debts in full this year. Before September 28, there were no large maturing debts, so there was no need to convert or repay the principal as long as the interest could be paid. This $1.4 billion reserve is prepared for paying interest over the next two years. 3) Officially, it is possible to sell Bitcoin in the future, but this is a preconceived assumption and does not necessarily mean it will actually be sold. Especially for people like Michael Saylor, they don't easily have thoughts. It's more of a risk disclosure. 4) More importantly, I personally believe that the propeller of MSTR lies in its ability to issue bonds. As long as the bond institution confirms that there is no risk of its sudden collapse, it can still pay interest rates, and it can convert into shares when the market improves in the future, MSTR's bonds should be able to be issued, and the game can still be played. When the debt cannot be issued at all, the game is estimated to be over, completely following the big cake or even losing to the big cake. In fact, when I was writing this tweet two days ago, the thought that flashed through my mind was whether if the stock price of MSTR continued to fall, it would be like when GBTC had a significant negative premium compared to Big Cake at the end of 2022. On the evening of the opening, it fell by 12 points, but then stabilized and rebounded. In fact, as long as there are no thunderstorms, opportunities can gradually emerge. There are also mstr stock tokens on the on chain US stock platform @ MSX_CN, you can follow them at http://(msx. com)