This is going to be interesting to watch play out. On one hand, the covered call strategy does conservatively monetize the volatility of MSTR (and by extension Bitcoin if you believe they have all the Bitcoin they claim, which a lot of people don’t). On the other, nothing is better than bitcoin for absolute value appreciation, if you believe in Bitcoin.

I see the case for a portion of a bitcoiner’s wealth being “conservatively” exposed to bitcoin to enable the freedom of everyday living without having to sell your coin. Maybe even leveraging a loan in order to do it. Instead of exposing yourself to a disappointing “supercycle” like we’ve experienced.

I don’t know…a lot of the promises of the OG bitcoin influencer class - yourself included - have gone unfulfilled for the Class of 2021