I don't think people have realized that Strategy basically neutralized the main talking point of $MSTR bears this week
One year spent feeling smart about the "How will they pay the dividends?" narrative just to realize that Saylor funded 21 months worth of divs in 8 days
And I haven't seen a single soul suggesting the idea that "MSTR must be selling the common because it's so weak this week". So not only were they able to fund almost 2 years of dividends in two weeks, but they were also able to do it in a way that wasn't even noticeable in the price.
The best bearish argument against MSTR is and will always be BTC price, but very few of the MSTR bears have a BTC price prediction that is bearish enough to justify MSTR struggling massively...