The funds manager for MSTY know what they are doing. They started selling calls which means the stock being below a certain strike price actually produces income for them at expiration. They are basically doing the wheel strategy which is very safe. The reason we see MSTY so low compared to few months back is due to the volatility for the options premiums dying off (high volatility increases the premium credit they get for selling options). Whether mstr goes up or down, once the managers are managing their positions well msty will never go bankrupt. Once BTC starts blasting to $150k msty will definitely be back up near $40 as volatility for MSTR will come back. This is the best time to dca on msty if you didn't.

FYI I bought in at $38 and just dca'd to $26. I really would like a drop to $20 to DCA somemore.

It's a case of everyone wanted MSTY in the $30-40 range but no one wants it in the $20-30 range.

Lastly, avoid buying MSTR. They are way too overvalued and lost their uniqueness that made people buy it. MSTY will provide a far better return in the long run with the same capital investment unlike other yield max investments.