My trust in MSTR is equal to my trust in ETF’s but the upside is higher. For regulated retirement portfolios MSTR makes a lot of sense. For people who want to play fiat games with Bitcoin like returns, MSTR makes sense. I have some, but ultimately, I’m a Bitcoiner. Since this cycle is about treasury companies, I expect that MSTR will lead to the upside, mark the top and then fall further. I may sell mine and roll it into Bitcoin when things get frothy and just take the tax hit.