Investment firm shorting MSTR and buying BTC - what do you think?

https://stocks.apple.com/A3LlO2nyxRFi81hma8K-g1g

Firm has a big bet based on the analysis that buying Microstrategy stock is like buying BTC for $177K - way overpriced.

They’ve got a point when looking at their market cap vs BTC holdings. Their software business does not play a large role in their stock price- lol.

So these guys are shorting MSTR and buying BTC- bold move on the short.

By the numbers, they’re not wrong. But I think they are not factoring in the “big plans” that MSTR and Saylor have for the emerging BTC economy. The amount of economic power they already wield with 1% of the global BTC supply is massive, and it’s just starting to bloom. And they continue to buy. No other company is ballsy enough to do this and I think it will continue to pay off bigly.

And no, I’m not aware of specific MSTR plans, but I imagine they chat about it and write some things down on napkins occasionally.

What do you all think? I think BTC is king, though I also think MSTR>BTC ETFs. That about sums it up.