Another thing I was going to add to this is there could be such a large line of dominos that can still fall. Mt Gox coins finally coming out supposedly. Then other large holders besides Michael Saylor such as Block One. You never know when Brendon Blumer decides he needs a raise and they sell some of their enormous stack they got during their year long ICO from last cycle. Then you have the potential for a huge inflation bomb from Ethereum stakers. Then you still have people levered out on centralized platforms and on DeFi lending platforms. I'm not going to bet against some hellacious capitulation events still to come. Every cycle I see people jump back in too early.

Also when do Microstrategy investors and the board get sick of his aggressive Bitcoin bet as their core business suffers from recession / depression?

Also what if Coinbase stock tanks so much and revenues get worse and Coinbase declares bankruptcy and Michael Saylor custodied all those coins with him didn't he?

Good luck to him..... I never liked his strategy. There seems to be a lot that could go wrong. I will be there to graciously buy up his failed investment when the time comes.