Yeah. Makes sense. I haven't owned MSTR in awhile but if it did trade at a juicy discount to the bitcoin holdings I would pick some up and ride it through the bull because it might catch a bid as a levered bitcoin play if we have another fomo season. 

It has dropped over the past few days and I suspect the ETF is why.

kepford

Probably a bit. I suspect it will trade at a discount to its bitcoin holdings considering the debt it holds but will rise in value with the bitcoin price and still outperform the market.

Stacker_Stocks

Will MSTR Take a long term hit from BTC ETF

Probably a bit. I suspect it will trade at a discount to its bitcoin holdings considering the debt it holds but will rise in value with the bitcoin price and still outperform the market. 