This may be a stupid question, but I am new to crypto. It's my understanding that Microstrategy currently acts like a leveraged Bitcoin investment. Therefore, if someone was confident that Bitcoin would go back to its all time high in the near future, wouldn't it make more sense to buy MSTR instead of BTC?
I know it is more risky to hold MSTR due to higher downside potential, but if the 4-year market cycle theory holds up then in 2-3 years BTC will be putting in new all time highs. The thing is, with diminishing returns, this would likely only be a 3-4x from where we are now. I'm not saying a 3-4x in a 2 years isn't incredible, but wouldn't MSTR appreciate much more than that in this case? #cryptocurrency source