MSTY - Update after 17 distributions

A $70k investment in MSTY when the fund came out in February of 2024 would have gotten you ~3,333 shares.

A $70k investment into Bitcoin would have gotten you ~ 1.34 BTC

If you didn’t need the income and just bought Bitcoin with the distributions you would have stacked ~1.75 BTC

If you needed the income, those 3,333 shares would have paid you $7,998 on average every 4 weeks. The distributions ranged between $3,945 - $14,738

If you sold the 1.34 BTC for income in equal amounts to the MSTY distributions you would have ran out of bitcoin after 10 distributions

No opinions, just the facts. Do with this information what you will. *Taxes are not taken into account for simplicity since everyone has different tax considerations.

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Discussion

The 3,333 MSTY shares are worth ~$70k btw, so you retain your initial investment and got paid ~$136k

MSTY with DRIP would be worth ~$300k

MSTY with distributions into BTC = ~$275k

Correction, the MSTY drip would be worth $285k and MSTY —> BTC would be worth $272k