MSTR SHOULD OR WILL BE THE BENCHMARK STANDARD OF LEGACY EQUITIES INSTEAD OF THE S&P 500
Discussion
ULTIMATELY BITCOIN IS THE SUPREME BENCHMARK OF ALL CAPITAL WEALTH
Do you think the 4 year Bitcoin cycle will happen this year? Does Bitcoin peak this year and start to decline next year? Do the Bitcoin ETFs maintain a steady bid and prevent the corrections of ~60% every 4 years?
Since bitcoin is accessible to everyone, globally, it will be the benchmark for every investment (alternative capital allocation). MSTR is just a shitcoin with idiosyncratic risk. Some people will want that risk BUT it should be compared to bitcoin. And all other companies will come up with some other risk allocation that is differentiated from bitcoin in its return, return type (i.e. appreciation vs. dividends), timeline of return, and volatility.
4-year HODL, 50% CAGR realized via appreciation, 3-5% volatility is the benchmark.