Quote:
Originally Posted by dino7c
Do you think the price of BTC is higher or lower in 5 years? Yes or no?
I mean there was a time you thought zero was innevitable within a smaller timeframe. Surely you have changed your mind somewhat.
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But that doesn’t do anything to explain why micro strategy the stock has a higher value than the bitcoin it possesses. What is the value prop in buying a bitcoin holding company worth more than the bitcoin it possesses.
Essentially why aren’t large investors buying and storing bitcoin directly rather than paying a 2.5x premium for it.