The most wonderful thing about MSTR is that, like BTC, it systematically shorts fiat currency.

Is STRC a Ponzi scheme? Of course, perpetual interest assets can never pay off the debt snowball of interest-bearing notes.
Will the Ponzi scheme collapse? Of course, nothing new under the sun.
So will MSTR collapse? Not necessarily.
As long as MSTR ensures its Ponzi snowball grows slower than fiat currency, or in other words, everyone is just messing around, but MSTR's mess is a little less than fiat, that's enough.
In the long run, we are all dead.
ENJOY the Ponzi.
RUG the FIAT.