MSTRUSD
MSTR / United States dollar
crypto

MSTR isn’t traded on CB wallet, neither is COIN. They are stocks, not crypto. And neither have been digitalized yet.

My portfolio is diversified, i bought some BTC, some IBIT, some FBTC, and some MSTR

What’s funny is they already had the approval and disclosures needed to deploy billions more into BTC prior to the price falling as low as $74.4k.
And yet they only deployed $500 million and ended up with 4,710 BTC which means their average purchase price was $106.1k.
Some BTC is better than none but they squandered the opportunity to see their stock pump massively; going all-in would’ve attracted support from Bitcoiners in a similar fashion to MSTR as people would’ve began speculating that they intend to be a serious competitor in terms of BTC acquisition.

idk how tax works in USA, but I have read through threads on how they are gaining dividends to reinvest back into MSTR and BTC, through MSTY. I dont live in US, but do play MSTY. I would recommend researching about MSTY and adding a little bit to your portfolio so you can use more dividends to stack more BTC and MSTR. Your're doing so well, I wish you the best. For MSTY info, can find at Yieldmax ETF's reddit page.

ETFs, MSTR included in the Nasdaq, I’m pretty sure Blackrock is the biggest holder of BTC, small companies like GameStop or Steak n Shake using/investing in BTC. IBIT is the fastest growing ETF ever made, quicker than gold. Let me see you move $1,000,000 worth of gold at the speed of light for cheap compared to what it would take for physical gold.
Also, unrelated but stable coins would allow the USD to essentially export american dollars to other countries so they can use them via stablecoins on the ETH or SOL blockchains. This would benefit the US and benefit other people in countries with high inflation and currency debasement.
There’s probably more but thats all i can think of rn

Hey guys, so I’ve got 1.5 BTC, 190 shares of MSTR invested in my Roth IRA, 66k in a 401k that doesn’t let me cherry pick my stocks; if it did, that would’ve also been in MSTR and 31k in an HSA account which also doesn’t let me cherry pick the stocks I want in the fund. Open to suggestions on advice on the 401k and HSA, I have them still because I get a 6% match for the 401k and ofc the HSA is triple taxed advantage. Both 401k and HSA are 100% growth stocks. So they are super aggressive in terms of risk appetite.

If you want yield look into a funds like MSTE or MSTY on the TSX. Keep in mind if you buy these funds, you are limiting your potential upside on MSTR in order to squeeze out yield and monthly payments in a flat or downtrend This is a very, very good play but in a bull market, you are likely going to come out farther ahead, just holding the underlying

Build your btc portfolio to focus more on growth. MSTR for leveraged btc.. MSTR/IBIT options for even more leverage.. MSTY or covered call strategy for income. The volatility is a feature, use it.

I have all of them but Im also under no illusion that shares of MSTR are the same as Bitcoin.

>Concerning Blackrock: it's a 3% problem. That's not an enormous problem but it isn't a small one either. If they accumulate more bitcoin it will become a bigger problem.
How is it a problem? What the MSTR and ETF crowd either don't understand or do not want to acknowledge is if MSTR or Blackrock, as examples, become adversarial to Bitcoin: the network can simply fork their coins, leaving some them with unspendable UTXOs and a few million empty tax advantaged accounts.

30% is great! Start there and adjust it as you want. I started at 1% and I’m now 100%.
My bitcoin portfolio: 50% MSTR 30% BTC cold wallet 10% MSTR/IBIT options 10% MSTY

Not OP but I have been acquiring BTC since \~2017, have never sold any (excl. some 'market' activity). Selling would be a little problematic due to tax reasons, not even sure how I would work out cost avg. So I picked up some MSTR (cannot buy crypto deriv in UK) in a tax free ISA so I have at some point something I could sell without worrying about tax if I wanted to.

4. All of the above. I keep the majority of my BTC in cold storage because I know the risks associated with exchanges or banks: I had an account with BlockFi. While I know the risks I’m willing to take some risk. I have some MSTR because I believe they will continue to increase BTC per share and will become one of the largest companies in the world. Their fixed income products will be huge. If you believe in Bitcoin for yourself why not believe in a company that embraces and understands Bitcoin. I own some IBIT too because at some point in time I may want to sell some covered calls on Bitcoin.

Yep, that’s the move. I prefer running them on MSTR over IBIT because the higher IV pulls better yield. But ~1%/mo with 15 delta is solid especially if you’ve got size or want to hedge the btc chop.
At this point, btc is the hurdle rate and any additional yield you can scrape on top is the alpha.

So you are against Michael Saylor buying so much inside MSTR and you are against Blackrock, Fidelity and others buying so much BTC inside their spot Bitcoin ETFs? That's millions of BTC (which has also helped cause the price of BTC to go up). In America, I think the risk of the government confiscating people's BTC inside their regulated spot ETFs is **very small**. In contrast, the risk of people losing or forgetting their keys and no longer having access to their BTC is in my opinion a larger risk, though still small. It is said that well over 1 million BTC have gone lost so far...so it's not theoretical.
The point of the question was to hear different people's answers and points of view.
Answers 1, 2, and 4 are all represented here...which is as I expected. And I'm sure answer 3 would be found in the subreddit for MSTR.

I get that. But you can claim ownership all day long but if the key holder won’t budge, or ran off, or got hacked, the claim is pretty useless. See FTX or BlockFi.
This is especially true for Bitcoin which is unprintable.
So OP isn’t all wrong, in a certain strict sense, MSTR owns zilch. Legal ownership notwithstanding.

It’s staying pace with the vast majority of well known Alt’s or better, ETH has been in the toilet lately, but just managed to do a bit better for a week. No way any Alt can be compared to BTC, including ETH, but if you want to sell, that’s obviously up to you. Everybody and his dog is basically waiting for Alt Season, but there’s definitely a question as to whether the cycle will continue this time, mostly due to the ETF’s & BTC Treasury companies like MSTR.
Good luck 🍀 whatever you do, patience is definitely running thin lately.

Preferred set up depends on your personal goals but my current allocation is: 50% MSTR 30% BTC cold storage 10% MSTR/IBIT Options 10% MSTY.
As I trim MSTR/Options I’ll rotate more into BTC.

Personally, I don't want the hassle or risk of holding BTC myself, and I have Roth accounts, so I have IBIT. I may start selling covered calls on it as well, while holding onto the shares. And I've been thinking about buying some MSTR, but haven't yet.

The chart literally says 2024. Not up to date MSTR has 582k. And coinbase/binance/blackrock dont *own* the BTC, they hold it on behalf of customers. So thats wrong too