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Matt Odell: Survival

The Bitcoin Matrix

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Is MicroStrategy Doing Self Custody?

GBTC is really predatory right now because it's trading at the largest discount. It's ever traded at so like 50% down, but you're paying your 2% management fee at the full price of Bitcoin. GBTC holders end up getting a massive boon in terms of their return if DCG fails and then people get paid out and full on GBTC. So I would say if you don't have any self custody, consider start stacking and holding your own keys. That's a whole different investment profile.

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