Should this be the metric to track?
BTC x Exchange Rate ($)
/
Total Shares ???
———————————
Run the #s …..
331,200($93.4k)
/
202,640,000
———————————
As of 18:45 UTC this equals:
$153/share

MSTR price is $481/share

So if someone offered you 198 shares of MSTR or one BTC right now, that would be approximately the same current value. 

What about the future value of 1 BTC versus 198 MSTR? MSTR is likely to be diluted by an unknown amount over an unknown time period versus EXACT coin emission dilution.

I would take the BTC, right?

Shouldn’t MSTR holders be selling and buying coin until the above is $153/share?

I’m confused.