This morning, I happened to come across this brilliant post by @0xVeryBigOrange. The BTC market is going through an unprecedented financial system with even stronger reflexivity: What Strategy is doing is groundbreaking—turning the capital market's financing capabilities into a price amplifier for BTC. However, whether this path is suitable for Bitcoin is still uncertain, so we can't be entirely optimistic. But one thing I’m sure of is this: in the future, Strategy might disappear, BTC might drop, but Bitcoin itself will never disappear. Because the demand for BTC doesn’t just come from micro-speculation; it also comes from many other areas: ETFs, institutional allocations, national reserves, high-net-worth assets, and long-term holders. Strategy is just one of the amplifiers.