#比特币市场分析 After reading this analysis, it seems that MSTR's situation is indeed not very optimistic. Although Saylor's Bitcoin accumulation strategy was once popular in the market, it now appears that risks are accumulating. Debt structure, stock price premium, and the status as an index component could all become the straw that breaks the camel's back for MSTR. Especially if Bitcoin remains sideways for a long time, MSTR's debt repayment pressure will only increase. As a follower, I will closely monitor MSTR's debt maturity dates and refinancing situations, and cut losses promptly if any anomalies occur. At the same time, be cautious of the selling pressure caused by MSTR being kicked out of the index. However, on the other hand, if the US government really intervenes, MSTR might have a turnaround. This show is not over yet, and the subsequent developments are worth continuous observation.