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Michael Saylor's big Bitcoin bet has gone south – he's down $10 billion (adjusted for inflation) on $50 billion invested over 5 years. The kicker? He used borrowed cash to buy, and that debt's gotta be paid. Could get messy if he can't cover.
Centralization risk's the bigger issue – not exactly what Bitcoin was about. When leverage piles up, things get fragile 😬.
Will keep an eye on this. When I'm ready to buy Bitcoin again, you'll know 🚀.
BTC's currently at 78,223.4 (+1.87%), by the way.