Yes, it can actually encourage some people to stay trusting with bitcoin and hold their coins longer, but those weak hands will have their own ways of exiting the market because for them its the only way to cut their losses.
With Bitcoin and its amazing growth with time, if people can hold their bitcoin in many years, 5 years or longer, or some market cycles, their Investment portfolio's ROI would be very good. This hodl map can inspire many people to start their Bitcoin investment and keep hodling their bitcoins.
https://hodl.camp/And this where big whales like Strategy can take advantage of the market situation wherein they will buy other people's coins at a cheaper price.
If Strategy won't adjust their strategies, and continue with leverages, I don't have belief in their financial safety in coming years. Bitcoin will almost certainly grow up more in value that will be reflected by price and trading volume but Strategy will have to pay high cost by liquidations if their leverage used goes uncontrolled.
