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Need Fiat? The MSTY ETF might not be a bad idea. Starting a position!youtu.be/R1Rg7vlv2DY?si=Mq5Nrnw81q9HJUlb
110 sats \ 9 comments \ @BlokchainB 12 Apr Stacker_Stocks
British Hodl in this video explains how he helped a bitcoiner who had $4M BTC in cold storage took 10% of the BTC stack and plowed it into MSTY and was paid a monthly dividend of $26k. With this income this bitcoiner who has a family can now pay his fiat expenses and buy more bitcoin or whatever the case may be. Also he isn’t forced to sell any of his remaining $3.6M stack meaning he can hold for the long haul.
I know maxis hate this guy and wish we can all live on a bitcoin standard now but this isn’t feasible nor logical. ***Fiat isn’t going anywhere anytime soon. ***
To me its simple:
  • Get income either by working starting a business or via investments
  • Pay off your bills, save the rest in bitcoin
  • Enjoy life
I took the bait and started my own little MSTY accumulation:
Let see how this goes!
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136 sats \ 2 replies \ @grayruby 12 Apr
What's the yield of MSTY? and what happens if the MSTR starts trading below NAV?
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50 sats \ 1 reply \ @BlokchainB OP 12 Apr
It varies as the volatility changes with MSTR.
But the 1 year performance has been great!
That I’m not sure I did see that the company has a 2% chance of going bankrupt
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93 sats \ 0 replies \ @Bell_curve 12 Apr
nice job!
thanks for sharing and good luck, I may enter a position there soon
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102 sats \ 4 replies \ @kurszusz 13 Apr
6,5% as dividend / month? It's incredible...it's very much
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40 sats \ 3 replies \ @BlokchainB OP 13 Apr
Indeed it is!
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172 sats \ 2 replies \ @kurszusz 14 Apr
I can't imagine how this is sustainable...but Saylor know more information than me :)
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20 sats \ 1 reply \ @BlokchainB OP 14 Apr
I think it is until juice is all the way squeezed out.
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10 sats \ 0 replies \ @kurszusz 20h
Yes...in this case, the first thing is to get the ROI as soon as possible, and from then on, you can "harvest" the fruits of your investment risk-free.
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0 sats \ 0 replies \ @Bell_curve 15 Apr
from brave ai...
YieldMax MSTR Option Income Strategy ETF (MSTY) is an exchange-traded fund that operates in the financial sector, specifically focusing on options strategies tied to MicroStrategy Inc. (MSTR). The ETF aims to provide a high distribution yield while mitigating the volatility associated with direct investment in MSTR. As of today, MSTY's current price is $20.59, representing a significant increase of 0.71000099, or 357.14% in percentage terms.
Recent news highlights the ETF's performance and strategic positioning. MSTY has been noted for its high distribution yield, though it carries elevated risk due to its indirect association with Bitcoin's volatility. The ETF has outperformed its peer, CONY, with a 62.68% return over the past year, despite offering a lower dividend yield. Additionally, YieldMax has introduced a new ETF, WNTR, which provides short exposure to MSTR, aiming to hedge against potential declines in MSTR's stock price as the company increases its Bitcoin holdings. This new ETF complements MSTY by offering investors a way to diversify their exposure to MSTR's volatility.
The introduction of WNTR and MSTR's continued Bitcoin purchases could impact MSTY's future stock price. On one hand, the launch of WNTR provides a hedging tool, which might attract more investors to the YieldMax ecosystem, potentially boosting MSTY's liquidity and demand. On the other hand, MSTR's increased exposure to Bitcoin could heighten the ETF's volatility, affecting its price movements. The ETF's performance will likely remain closely tied to Bitcoin's market performance and investor sentiment toward cryptocurrency-related investments. This is not financial advice.
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