Why Strategy Makes More Sense as a 10-Year Hold Than a 10-Month Trade

The article argues that Bitcoin (BTCUSD) and companies that build Bitcoin treasuries are best approached with a long-term (10-year) mindset rather than short-term trading. It highlights Strategy (MSTR) as a high-beta way to gain Bitcoin exposure: MSTR has rallied 35% since early April but remains 64% below its peak, and it has returned 1,260% since it first bought Bitcoin in August 2020. The piece emphasizes Strategy’s financial engineering—raising equity and preferred capital to buy more Bitcoin—and notes the company holds over 818,000 BTC (valued at $62.7 billion as of April 27). The author views volatility as normal and presents a bullish long-term case for Bitcoin and Strategy, citing both growth in global liquidity and a dramatic long-term price projection by Michael Saylor.