The operational focus of MicroStrategy $MSTR.US has shifted to becoming "securitized Bitcoin"; the industry is closely following the logic of the "rising flywheel": funds passively buy → company rises → buy Bitcoin → Bitcoin rises → company continues to rise. The strategy is very successful! Michael Saylor once said that people don't understand MSTR, just like they didn't understand Amazon back then. When everyone understands it, the price is not what it is now. You don't need to look at the original business. Bloomberg analysts estimate that the stock will receive a 0.47% weight, becoming the 48th largest holding in the Nasdaq 100 Index. This weight is equivalent to buying about $2.1 billion through all ETFs. The highest target price is $650, and the average is $479.25. Citron and bears believe that the current price is equivalent to global stockholders buying Bitcoin at a price of $200,000+. A premium of 2 times.