Level Up Your Bitcoin

Our strategy combines Bitcoin self-custody (80%) with strategic positions in MSTY (10%) for monthly income and MSTR (10%) for additional Bitcoin exposure. MSTY generates income through an options-based strategy on MSTR stock, utilizing covered call writing and put option selling, while also holding short-term U.S. Treasuries as collateral. This approach provides both wealth preservation and regular income without compromising your core Bitcoin position.

MSTY currently offers a distribution rate of approximately 101.29% annually. However, these yields can fluctuate based on several factors:

• MSTR's stock price volatility and Bitcoin's value movements
• Market conditions and options market dynamics
• Changes in implied volatility affecting option premiums

While the yield is attractive, it's important to understand that distributions aren't guaranteed and can vary monthly based on market conditions.

For French residents, MSTY distributions are subject to a 15% U.S. withholding tax. It's important to understand that:

• The 15% tax is automatically withheld at source
• You'll need to declare these distributions on your French tax return
• The withheld tax can often be credited against your French tax liability

We recommend consulting with a tax professional for personalized advice on your situation.

Key risks to consider include:

• Dividend Variability: Monthly income can fluctuate based on market conditions
• Capital Risk: MSTR stock price and Bitcoin value declines can lead to losses
• Market Liquidity: Performance is tied to MSTR and Bitcoin volatility
• Tax Implications: Converting Bitcoin to MSTY may trigger taxable events

It's recommended to consult with a financial advisor before making substantial investments.

Start by using our calculator to determine your target monthly income and required MSTY shares. Follow these steps:

1. Determine your desired monthly income
2. Calculate required shares (approximately $1 monthly distribution per share)
3. Ensure you maintain 80% in Bitcoin cold storage
4. Consider tax implications and documentation requirements
5. Set up proper tracking for distributions and tax reporting

Remember to maintain your Bitcoin-first approach while using MSTY for income generation.

We recommend maintaining detailed records:

• Number of MSTY shares and monthly distributions
• U.S. withholding tax amounts (15%)
• EUR/USD exchange rates for tax reporting
• Form W-8BEN filing with your broker
• Monthly income tracking for tax purposes

Consider using a spreadsheet to track gross dividends, taxes withheld, and net income in both USD and EUR.