Whilst I am super bullish on Bitcoin, and I do believe that MicroStrategy buying Bitcoin is good for the cryptocurrency industry as a whole, it is not an investment option I will choose, and I will stick to acquiring real Bitcoin myself. The leverage does increase exposure so that Bitcoin price movements will lead to greater earnings, however it's still very centralised, and you are not a custodian of the cryptocurrency yourself. I would rather do this myself.
I am interested to hear your thoughts. If you are bullish on Bitcoin, would you rather buy MicroStrategy, or Bitcoin itself?
First question is if Microstrategy has free money I don’t mean company money would he be borrowing money to buy bitcoin or leveraging, not withstanding the fact that companies like this go for borrowing to avoid some things like taxes. But regardless of his position I think the idea of buying MSTR instead of bitcoin directly is bad on numerous occasions.
MSTR is a centralized body no matter what they are holding you are simply buying shares like you do on centralized platforms like banks, for someone looking for decentralization it is definitely not the way to go. Further more I don’t think you will have total control of your holdings like you sell and add buys whenever you want.
Lastly should MSTR faces any issues it falls on you bent it bankruptcy or something like that