The whole playbook with acquiring BTC with debt of Microstrategy is sickening. I can understand that "big players" always bought hard assets and hold them forever, but Bitcoin is a freaking electronic cash system and it was made to be used, not to be "held forever"! I don't thing we will ever have a healthy economy for as long as there are those crazy indebtments. Wasn't the whole point of Bitcoin to get rid of debt, and use hard money instead of fiat and debt? Isn't the theory which made Ammous famous (and Austrian economics) the one of starting to use hard money instead of fiat (and debt)? Btw I don't think this playbook will be stopped from the GOVt. As long as is so easy to get into debt this system will be abused...maybe one day, if holders stop accepting dollars or any other forms of bad money for btc, and we all start using btc only as medium of exchange...