Same here, I would also take the money. A lambo looses it value very quickly, but even when taking the money in BTC there is a certain risk as you don't know what BTC price will do in the future.
That's an easy one.
Convert it to USDC on Binance, and withdraw it. No matter what happens to BTC, you still have your $200k.
Now, if BTC doubles, then you'll be kicking yourself in the arse

Lol, nice and smart solution

. Than I would convert half and the rest I would hold BTC.
Only question remains: cashing out such a large sum of a crypto exchange to your bank account isn't so easy I think. You would want to avoid to pay taxes or something else on that amount.