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Strategy is in trouble if Bitcoin doesn't start going up again.
That I don't think is true. Magic is sort of over and free lunch isn't there anymore, but they're fine (unless weird-af thing... Mr. Orange Man is confiscating coins, custodian lost them etc)
Of those options, I'm gonna go with bad day
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I listened earlier and I think it could have been a few things.
Maybe Saylor was just having a bad day. Possibly Danny might have said something on Twitter (unlikely as I believe he's an investor or consultant in one treasury company). Or Strategy is in trouble if Bitcoin doesn't start going up again.