**If one person or entity holds nearly 3% of global Bitcoin, does that concentration pose a systemic risk—or could it act as a powerful institutional anchor helping stabilize price and confidence in BTC’s future?
Some angles people might discuss:
Does this level of concentration undermine decentralization?
Could Strategy’s dominance deter or attract regulators?
What happens if Saylor signals a shift — will it move the market—or expose it to fragility?
Can other corporate treasuries following the playbook really handle the leverage and downside risk?**
