Saylor is the symbol of BTC diamond hands.

But his company owes $1.01 billion in convertible bonds, which may be redeemed early in September 2027.
Even better, Grayscale’s head of research publicly suggested today: Strategy should sell $3 billion worth of BTC, or use dividends to cover $14 billion in book losses.
In the same market:
Retail investors see Saylor as a symbol of faith,
Institutions see Saylor as a source of risk.
MicroStrategy holds 847,000 BTC. If forced to sell even 10%, that's 84,700 BTC dumped into the spot market — more aggressive than any ETF redemption.
Saylor's "100 years never sell" has a precondition: creditor consent.
When bonds mature, stock prices fall, and convertible bond holders demand redemption, "faith" becomes a journal entry.