Again: It depends.
I would use it as a storage provider on which I would put an encrypted veracrypt drive (or whatevee is the good stuff).
Or as an off-site storage provider for my backup.
As a single atorage site? Nah. Too expensive for my home needs.
For a business? If you can't afford to drop 1200€ for 3x 4TB SSDs to bring your data backups off-site? Pretty good offering.
And the immutability is a plus as well.