I get that this is based on MSTR and Bitcoin.. But I wonder if the fund managers are sleeping on this one. How low does MSTR have to go to make this ETF obsolete?
the mnav value of bitcoin in holding compared to mstr price is sitting at 1.20 so my understanding the share price is still overvalued by a hair once the value of bitcoin goes back up and the treasury acquires more bitcoin like it's been doing the price will go back up again definitely long term hold. everyone just bought in at 3x,2x the mnav




Indeed! I bought more for $4000, and my average purchase price dropped by $1.78; while my dividends more than doubled.✌🏾
