MSTR NAV is already 2x of its btc holdings. This alone is enough of a reason to short it. But btc despite what cryptards say (strategic reserve, trump etc.) is pointless (might I say all that shit is already priced in). Also, this chart really is the death blow to btc. Btc fundamentally is driven by the M2 supply growing and the scarcity of btc leading to its price increasing. So, btc prices have always been correlated with the M2 supply. See the chart. Btc prices follow the M2 supply with a lag. That means a big correction is coming for btc. Also, saylor and BlackRock are the only buyers left, rest everyone is selling. And a big correction in btc means the overleveraged piece of shit that is MSTR is going to zero. Short MSTR.