Why is MSTR at an ATH while Bitcoin is dumping at 60k?

Something doesn't make sense here.

Either people closer to the stocks know something about Bitcoin that we don't, or the market became extremely inefficient and there is a great opportunity for arbitrage.

I am not sure how to execute this yet, maybe I leave something in the comments.
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The thing is, in order for arbitrage to happen, someone needs to buy Bitcoin and sell MSTR.
Therefore, this arbitrage should also cause a Bitcoin spike in price.
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Spike in the Bitcoin price in the near future
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Click at the comment above
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There are some news related to my observations:
youtube.com/watch?v=c3E0RKtYT0k

I haven't evaluated this yet.
arbitrageBeyond Technical AnalysisBitcoin (Cryptocurrency)BTCFundamental AnalysismicrostrategyMSTRTrend Analysis

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