MSTR is a ponzi scheme. It only works if new buyers are willing to pay more than $1.00 for $1.00 worth of bitcoin which increased NAV for existing holders. Some institutions bought to get around rules owning bitcoin, and others are just gamma scalping the convertibles. That game is done and they serve zero purpose.
It's also cheaper the sooner you do it. Grab 25 years term life maybe young since most guys now start having kids later in life. Also, the older you get the more expensive it is to get life insurance and the likelihood that something happens that prevents you form getting it or jacks the price up increases big time too.