A return-of-capital strategy. We borrow against Bitcoin every month to pay you ~10% annually — tax-deferred — over a 10-year horizon.
BTC $59,766 · Live via CoinGecko
The Problem
Over $1 trillion in BTC earns exactly zero yield. Holders face an impossible choice — sell and trigger capital gains, or hold and watch purchasing power stagnate. There's no native yield on Bitcoin.
How It Works
A simple four-step loop that turns Bitcoin's long-term appreciation into predictable monthly distributions — without selling a single sat.
Your BTC is held as collateral at a conservative 60–70% loan-to-value ratio. You retain full ownership.
Each month we take a small USD loan (~1% monthly) against the collateral to fund your distribution.
Distributions are structured as return of capital — not income. No taxable event until you sell.
Over 10 years, Bitcoin's historical CAGR (14–17%) outpaces the ~12% annualized borrowing cost. The spread is the engine.
The 10-Year Math
If Bitcoin's compound annual growth rate outpaces the cost of borrowing, the loan repays itself and everyone wins. That's the entire thesis.
Risk Disclosure
This strategy carries material risks. You should understand every one of them before committing capital.
A severe BTC drawdown below the LTV threshold triggers forced liquidation of your collateral. A 50%+ crash could wipe the position.
In bear markets, lending rates can spike to 2–3%+ per month, compressing or eliminating the spread that makes this strategy work.
Lender default, protocol exploits, or regulatory crackdowns could impair access to your collateral. Custodial risk is real.
If Bitcoin's CAGR falls below borrowing costs over the 10-year horizon, the strategy loses money. Past performance ≠ future results.
Systemic market stress can trigger simultaneous margin calls across the crypto lending ecosystem, amplifying losses.
Evolving crypto regulations could restrict or ban the lending and borrowing mechanics this strategy depends on.
Get Started
~10% annual yield. Tax-deferred. 10-year horizon. For accredited investors who believe in Bitcoin's long-term trajectory.