Blindly copying Saylor's Bitcoin investment strategy under MSTR is no longer effective.

Evidence shows that buying Bitcoin to boost stock prices may not be the panacea that companies once thought. In recent weeks, companies like Trump Media & Technology Group have announced plans to invest cash in Bitcoin, joining the ranks of companies adopting the strategy pioneered by "Bitcoin HODLer" Michael Saylor. While most companies initially saw their stock prices soar, outperforming the value of the cryptocurrencies they hold, there are increasing signs that their speculative premium is beginning to decline.