“If it’s long term, MSTR will outperform it” I heavily challenge this.

What is the future supply of MSTR issuance 100 years from now, I’m curious? What does MSTRs board look like in 10 years? What happens if the US government goes full dictatorship and confiscates all coins on coinbase being held for Blackrock MSTR, etc? You don’t know these things.

I’m glad your fiat denominated returns have outperformed bitcoin but there are many more certainties with holding bitcoin than there are with holding MSTR. Nothing wrong with that, but you can’t for certain say it will always outperform BTC.