Can confirm. ⚡️
Discussion
Did you run the numbers?
No piece of data suggest that. Anyone who bought when the fund came out already got their principal im bitcoin terms back and then some. Sure there is future uncertainty, but can’t disregard the results because why?
It will become very obvious once the actual bull market starts.
Covered call strategy + fees will drastically underperform MSTR over the long run.
No one smart is arguing that MSTY will outperform MSTR. They are different products with different use cases.
The question is whether using MSTY for income is better than selling bitcoin. The answer is a resounding yes, granted it’s only been around for 14 months. But we have seen the price and volatility be all over the place and the fund has done pretty well.
I don’t expect MSTRs volatility to go away any time soon, so I can see MSTY continuing to be a superior option to selling bitcoin for the short and medium term.
Time will tell
Is the bull in the room with us now?