If BTC fluctuates below $60K for a while, MicroStrategy's logic of financing to buy coins will be disproven. Back then, Grayscale basically only bought and didn’t sell, but now they’ve sold almost everything. Personally, I think as long as the money used to buy coins comes from financing, there will eventually be a day when they sell. What if MicroStrategy starts selling coins? What would happen? I see a lot of people starting to buy the dip. Actually, it’s not that expensive here anymore, it’s already dropped by half from the peak. But personally, I think the time adjustment isn’t quite there yet.