According to @charliebilello, over the last year BTC returned +2%, MSTR fell 43%, and the 2x Long MicroStrategy ETF MSTU dropped 89%, creating a 91 percentage point performance gap between BTC and MSTU, source: @charliebilello on X, Nov 18, 2025. According to @charliebilello, this dispersion reinforces the message to know what you own and why you own it, source: @charliebilello on X, Nov 18, 2025. According to @charliebilello, for traders targeting Bitcoin exposure, the data show direct BTC exposure outperformed equity and leveraged proxies such as MSTR and MSTU over this period, source: @charliebilello on X, Nov 18, 2025.