Of course buy bitcoin…
$Strategy(MSTR)$ is just an instrument of buying bitcoin with no value-adding and thus should never have command any premium. The people giving MSTR a premium over bitcoin is simply gambling… like you said, his platform is open for all to see, there is nothing premium about it over bitcoin. If a person is bullish on bitcoin, just buy it rather than throwing premium into an instrument that does nothing else than buying bitcoin. Not to mention the borrowing cost that would weigh on MSTR should bitcoin price goes way down. Remember, the value of bitcoin can stay substantially high or low for long. That doesn’t mean anything. It is just a computer algorithm. But for MSTR, it could mean bankruptcy… bitcoin could still strive long term, but MSTR would be wiped out as a result as its borrowing costs. Just my 2 cents.
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