Why do analysts worry about Strategy’s debt-heavy Bitcoin strategy?

[kevin1]

Saylor uses billions in leveraged capital to buy BTC. When Bitcoin rises, returns multiply — but when it falls, debt outweighs collateral, raising fears of margin pressure or forced liquidation.

[Nahid Hossen]

High leverage increases risk when BTC volatility spikes.

[Rimon Khan]

Analysts fear a sharp correction could pressure long-term sustainability. ️