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I have a friend who wants to YOLO 50K into MSTR via his Roth IRA (he also owns real #Bitcoin) and ride it up with the BTC bull run.

Has been watching the price since $100 (now around $190) and thinks it still has massive room to run.

Short-term focus on tax-free fiat gains.

Other than MSTR trading at a premium which I don't entirely understand, they do own a 💩 ton of #Bitcoin and Saylor seems to be a good actor.

Besides short term volatility or Saylor going insane, what's the real risk for this play?

Seems too good to be true.

Reminds me of people pouring into GBTC because it had a premium.

Sometimes that premium turns into a discount.

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Indeed, that was my main concern...it's quite volatile (slightly more than #Bitcoin)

I'm not smart enough to understand the premium other than the market believes that Saylor will be able to use the infinite money glitch forever.

Just had a conversation with someone that hit.

They asked if you would rather buy bitcoin today at 65k or190k… the MSTR price is currently equivalent to the 190k price.

Hope whatever your friend does works out.