Why are so many people's brains broken with MSTR vs. MSTY?
You constantly see the two compared, yet a yield product's job is to pay you today, a growth stock's job is to snowball tomorrow.
asset environment.
I made the chart below just to visualize the difference.
Fixed-income math wins only if you have a short horizon and crave cash today. Shocker, I know.
It's almost like fixed-income investors want income.
Growth math wins for anyone who can wait and reinvest and are looking for capital appreciation.
The cool thing out there is that we have a suite of products out there for investors of all types, and they're all made possible by Bitcoin.
Want max income but don't care about NAV decay? MSTY is an option.
Want lesser income but more safety in NAV preservation? STRC + STRF are there.
Want a mix of income and growth? Maybe STRK or a MSTR/STRD.
Mixing the two without adjusting expectations guarantees confusion.
The reality is also that payout ≠ performance. A ROC % is the ETF literally handing you your own money. For something that doesn't hold its NAV, that is a liquidation schedule, not wealth creation.
But REMEMBER, people buying MSTY aren't looking for wealth creation. They are looking for INCOME.
There is a risk trade-off that is also important to mention... not saying MSTY markets this specifically but there is a perception that covered call funds are "income with less risk", but they still keep 100% downside and donate upside - which makes them mathematically inferior in a rising
