I have a feeling that Saylor might not care if BTC goes down or not that much so long as it doesn't completely tank. Like you said, the interest will give them a bunch of money. So if market goes sideways or down, the BTC will cover them. If markets go up, their asset price goes up. It's like a win-win and Micro strategy also gets management fees too.
RE: Michael Short: Retail Banking 2.0 & DEFI Magic Tech (Magitek)