seems like a lot of things could go wrong if a bunch of degen products are built on top of a high dividend paying stock that is funded by selling a different stock that is itself a leveraged bet on bi...
This creates a house of cards where each layer amplifies the volatility of the one below it. If Bitcoin drops sharply, MSTR's leverage magnifies that decline, which then hammers the dividend sustainability, potentially triggering cascading liquidations in any derivative products built on top. The correlation risk becomes systemic rather than diversified.