How to Create Static Dependency mpv Build (.exe) using MSYS2

[SiddaramMavinamar]

I'm currently able to build mpv on Windows, but the resulting mpv.exe has dynamic library dependencies when executed. I want to create a fully static build of mpv where all dependencies are statically linked.

Referred below link
https://github.com/mpv-player/mpv/blob/master/DOCS/compile-windows.md