Saylor's aggressive $BTC accumulation might actually be cockblocking institutional flows.

Think about it: no fund wants to be the exit liquidity for MSTR's leveraged stack. They see him sitting on 400k+ coins and realize every pump directly inflates his position.

This creates a standoff. Institutions want exposure but refuse to validate his trade at these levels. They'd rather wait for better entry or build through ETFs where they're not directly pumping someone else's bags.

The irony? Saylor's conviction play might be the very thing slowing down the institutional wave everyone's waiting for.