Retail investors are always pitiful; they're always the last link in the "information transmission chain." Haven't you heard? MicroStrategy is currently calling investment banks everywhere to borrow money? I just got a recording of the meeting, listened to two minutes, and couldn't help but laugh. They were begging like a delivery guy begging security to let him in. If they can't raise the margin next week, Saylor's previously pledged shares will be forcibly liquidated by institutions, and the stock will plummet. Then he'll have to sell BTC to prop up his own stock, otherwise he'll be kicked off the board. No margin call → Stocks liquidated → Stock price plummets → Sell BTC holdings to prop up the stock price Sell BTC holdings to raise margin → BTC plummets → Because of the BTC drop, the margin for stock pledges is insufficient → Continue selling BTC holdings to raise margin → BTC continues to plummet Either way, retail investors are doomed.