As a London-based fintech analyst with a Cambridge degree and 2000M in crypto assets under management, I’ve seen the real mechanics behind $MSTR’s rise. This isn’t leverage—it’s smart套利. In this deep dive, I break down how institutional investors use $MSTR to bypass investment mandates, turn stock premiums into BTC gains, and profit from market inefficiencies. The truth? Strategy is not gambling—it’s a systemic arbitrage play built on rational finance. Let’s unpack it.