I used my 401k to invest in MSTR. In fact, when I figured out what Saylor was doing, I put all of it in MSTR, in 2021. I'm up 700-800% right now.
It wasn't an easy ride, but long term it was the right choice for me. It isn't that much much money because I stopped contributing to it about 15 years ago (instead opting to do what you said, buy BTC directly), but my 401k has never seen that sort of growth.
With the fairly recent split, I can now sell covered call options. I generally sell OTM and then use the proceed from that to buy more MSTR. My goal is to compound the stock, not dollars. It will split again, enabling me to compound again.
Once you spend the time understanding what he is doing, you will understand the value in investing in both. It definitely takes an acceptance that Bitcoin won't go to zero, but if you can get past that, as he has done, then the risk profile changes dramatically.
It wasn't an easy ride, but long term it was the right choice for me. It isn't that much much money because I stopped contributing to it about 15 years ago (instead opting to do what you said, buy BTC directly), but my 401k has never seen that sort of growth.
With the fairly recent split, I can now sell covered call options. I generally sell OTM and then use the proceed from that to buy more MSTR. My goal is to compound the stock, not dollars. It will split again, enabling me to compound again.
Once you spend the time understanding what he is doing, you will understand the value in investing in both. It definitely takes an acceptance that Bitcoin won't go to zero, but if you can get past that, as he has done, then the risk profile changes dramatically.