Buying Strategy Stock vs. Buying Bitcoin Directly
Given that it’s a currency outside the command of any government or central bank, Bitcoin (CRYPTO: BTC) is inherently an outsider’s challenge to the traditional financial system. And Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, is all-in. It calls itself “the world’s first and largest Bitcoin Treasury Company” and says it has “adopted Bitcoin as our primary treasury reserve asset. … we strategically accumulate Bitcoin and advocate for its role as digital capital.”
Strategy’s extremely ambitious investment approach, which calls for using equity and debt financing as well as cash to buy a lot of Bitcoin, leaves investors with an interesting question: Is it better to simply buy Bitcoin directly, or might the…
