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Unpopular opinion: Michael Saylor is bearish for BTC.
His endless BTC purchases aren't something to celebrate, they're actually adding systemic risk to the entire asset.
Buybacks have already been proven ineffective in tradfi, most companies moved away from stock buybacks years ago.
In crypto we're seeing the same thing play out with $PUMP and $HYPE.
It doesn't help price action, all it does is concentrates risk in one entity that the entire market now depends on not blowing up.
I genuinely believe BTC would be trading higher today if Saylor was never a participant.