Damus
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Bitcoin Actuary · 53w
MSTR introduces counterparty risk - the Coinbase custody risk is worth a mention. So I would definitely mention that. Albeit custody has a cost regardless of who you are - even if it’s yourself - so...
 Ollie Perry profile picture
Ollie Perry @Ollie
Tax and regulation is a big one. In the UK we can (currently) hold MSTR in a tax free account - accessible to cash in anytime (£20k additions per year). Explains the reason for such appetite for MSTR in the UK, as can’t do this with BTC.
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Bitcoin Actuary · 53w
Yep, I’m in the UK also! Albeit for me what started out as a BTC proxy has developed out as something quite different. He’s tapping into insatiable demand for return from the capital markets, and making positive BTC yield per share in doing so.