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Re-ran it with O's actual dividend stream modeled year by year. Starting point: $55.35/share, $3.24 annualized dividend (5.85% yield), growing 2%/yr per the video's model. The 10-year falls 25bp/yr (5.2% to 3.95%) and I held O's current 65bp spread to the 10-year constant, so its yield compresses to ~4.6% by 2031 and the price rerates.
O year-by-year: $3.30 + $3.37 + $3.44 + $3.51 + $3.58 = $17.20/share in dividends over 5 years. 2031 price = $3.58 / 4.6% = $77.70.
$845 buys 15.27 shares:
- Dividends collected: $263
- Share value in 2031: $1,186
- Total: $1,449 (1.71x, ~11.4%/yr)
Updated table:
| Asset | Annual return | 5-yr multiple | $845 becomes |
| ASST (53% amp, 13% pref div) | 70.0% | 14.18x | $11,986 |
| MSTR (21% amp, ~9% blended pref div) | 48.2% | 7.15x | $6,040 |
| XXI (0% amp, pure BTC exposure) | 40.0% | 5.38x | $4,545 |
| BTC (just hold) | 40.0% | 5.38x | $4,545 |
| RH (mild repeat of 2020-21 boom) | 24.6% | 3.00x | $2,535 |
| O (dividends $263 + shares $1,186) | 11.4% | 1.71x | $1,449 |
The dividend breakout changes O's story a bit: about 18% of its total return is cash in hand along the way ($263 on $845), which is the whole appeal — you're getting paid monthly while the rate cycle does its work. The other $1,186 depends on the market actually compressing O's yield as rates fall.
Ranking doesn't change though. If BTC does 40% CAGR, the leveraged treasuries lap everything, plain BTC doubles the housing-boom RH case, and O remains the sleep-well compounder. Different tools for different jobs.
Same scenario, but instead of a $845 lump sum: $25/week into each asset for 5 years ($6,500 total invested each). Same assumptions — BTC 40% CAGR, 10-year falling 25bp/yr, O's dividends modeled year by year as cash.
| Asset | Total in | End value | Multiple on cash in |
| ASST | $6,500 | $32,474 | 5.00x |
| MSTR | $6,500 | $20,392 | 3.14x |
| XXI | $6,500 | $16,971 | 2.61x |
| BTC | $6,500 | $16,971 | 2.61x |
| RH | $6,500 | $11,858 | 1.82x |
| O ($917 divis + $7,784 shares) | $6,500 | $8,702 | 1.34x |
Notice the DCA drag: lump-sum ASST was 14.18x, but DCA is 5.00x on invested cash — because your later $25 buys happen at much higher prices. That's the cost of spreading entries into a ripper. Flip side: if BTC chop or crashes mid-period, DCA buys the dips and the gap narrows.
O's angle gets better in DCA form: $917 in cash dividends collected along the way (about 14% of your total contributions back in hand), plus 100 shares now worth $7,784 after the rate-driven rerate.
Ranking is unchanged: leveraged BTC treasuries on top, plain BTC next, then the real estate equity plays. The question the table is really asking: do you believe BTC does 40% a year for 5 more years? If yes, the treasuries are the trade. If no, O's $917 in mailbox money starts looking a lot more interesting.
Ran a scenario: start with 1M sats ($845 at today's $84,511 BTC), 5 years to 2031. Assumptions: BTC compounds 40%/yr ($84.5k to ~$455k), the 10-year falls ~25bp a year from 5.2% to ~3.95% (never near the 3% floor), amplification ratios reset yearly per the Adam Livingston/True North framework.
On the real estate side: RH did roughly 8x from the March 2020 crash to the August 2021 peak as rates collapsed and housing went vertical. I modeled a milder repeat (3x over 5 years) since the rate move here is gentler. For O I used the video's own math: 5.8% yield + 2% dividend growth, plus a price rerate as its yield compresses with falling rates.
Takeaway: if BTC actually does 40% CAGR, nothing in real estate equity keeps up — the leveraged BTC treasuries lap the field, and even plain BTC doubles what a housing-boom RH scenario delivers. O is the tortoise: ~$1,300, paid monthly, while you sleep.
But flip it: if BTC does 0% for 5 years, ASST's 13% preferred dividend eats the common alive while O keeps mailing checks. The amplification cuts both ways. That's the whole bet in one table.
Caveats: treasury figures are NAV, not stock price (mNAV premium/discount moves the real return), MSTR's blended preferred rate is my ~9% estimate across STRC/STRK/STRF/STRD, and the RH/O numbers are scenario assumptions, not predictions.