deep diving into this a little more.

I actually can't even be bullish on bitcoin:native until $MSTR implodes
Strategy (MSTR) sold approximately $135M worth of Bitcoin last week (part of a larger ~$216M sale), marking a notable departure from its longstanding "never sell" strategy. While the amount is relatively small, it is bearish for both BTC and MSTR in the short term because it shatters the diamond hands narrative, signals potential for more sales under their $ 1.25B+ Monetization Program, and highlights cash needs for dividends and reserves in a weak market creating selling pressure, FUD, and risk of de rating MSTR’s premium to its Bitcoin holdings.
This also means the spreadsheet will casually decrease because the asset they have is being sold at a loss and leaving their inventory meaning they do not have the same amount of btc they once did as they gradually sell off.
$STRC might have actually killed this entire strategy.
We took the trade on MSTR at 84 and exited around 100. Sorry for bull posting earlier this week about it, had no idea what the fuck this guy was doing.