I think your prediction is correct, Michael Saylor, and Micro strategy has the power to cause the bottom of the market, even that sell-off of only 32 Bitcoin created panic in minds of many weak hands and we saw a intense dip because of those sell-offs.
That's its main problem. According to its website, it currently holds $52B in Bitcoin, but if it even thinks about selling a small portion of that, that number is going to shrink. So, yes, on paper it has $52B, but in reality it can't count on that amount at all. The market knows this, and that's why all of its products have been performing terribly lately.
I personally believe that in next few weeks or months there's chance that we might see a big sell-off from Michael Saylor or from Micro Strategy and that sell-off will badly impact the market and there's chance we might see Bitcoin's price dumping below $55k.
Let's say if he somehow dumps $1 Billion worth of Bitcoin then that will create a huge panic and at that time Bitcoin might fall to $50k levels again. He can be more dangerous than Sam Bankman or Do Kwon because his sell-off will cause huge dump.
I highly doubt he will sell anything else for the remainder of 2026. He has no need to, and doing so would cause further panic, put downward pressure on the price of Bitcoin, and, in turn, drive down the value of his reserve asset as well. What he will continue to do is erode the value of MSTR shareholders’ to secure liquidity, but even so, things don’t look good.
I thought it would take longer, but if the price of MSTR keeps falling—just like STRC and Bitcoin—we could see some trouble as early as this year. Even though I’ve been warning about this for a while, it would really suck, because I own Bitcoin and would be hit hard by the decline.