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HEY HEY HEY! It’s MSTY day! SN Payout #3

385 sats \ 9 comments \ @BlokchainB 14h Stacker_Stocks

USD/BTC = $108,861 Block 904,603

Top of the month. Time to cash in the Fiat and turn it into SATS!

This month the dividend was good for

Which is good for a total of 28,443 sats! for owning 25 shares.

Performance was not as strong thus the dividend was cut by $0.23 (211 sats) but over 1k sats per share payout is awesome!

20% of all MSTY dividends goes back to the Stackers!

So!! That means 10% (2,844 sats) will go to the SN rewards pool and the other 10% (2,844) will go to @Wumbo for posting a few good posts in the territory that caught my attention.

Thank you Wumbo for bringing value to ~Stacker_Stocks

I will add another 5 shares before for next month’s dividend payment where I will once again break bread with my fellow stackers.

Here is a recap of all the stackers who were paid out MSTY sats and the overall total to all SN stackers via the rewards pool:

Until next month happy stacking!!

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173 sats \ 2 replies \ @grayruby 13h

Thanks Blok. I bought 40 shares of MSTY just for the hell of it. Let’s see if I can get my capital back in dividends before the principal goes to effective zero.

40 sats \ 1 reply \ @BlokchainB OP 12h

Yeah why I am doing this with small amounts. It can blow up and go down 95% because some whale pulled out

86 sats \ 0 replies \ @grayruby 12h

I don’t know the mechanics of it well enough but I suspect like with a futures etf there could be some bleed when they need to rollover contracts.

92 sats \ 2 replies \ @nkmg1c_ventures 7h

Is this the Harvest ETF ? Or something else?

135 sats \ 0 replies \ @nkmg1c_ventures 4h

I also bought a basket of CONY, TSLY along with it. The yield of my holdings is about 3% per month based on invested amount. If the dividends don't fall too much that amounts to about 33% yearly.

TSLY and MSTY are both down about 5% on the actual ETF shares, CONY holding slightly up.

70 sats \ 0 replies \ @nkmg1c_ventures 7h

Whoops, just saw the image. I bought a little of the MSTY Harvest ETF on the TSX, yield is high

70 sats \ 1 reply \ @Coinsreporter 13h

Following Strategy, huuuhhh!

How does it work? You buy MSTR shares and sell them back?

55 sats \ 0 replies \ @grayruby 13h

It’s an etf that tries to exploit the volatility in MSTR shares through options. It pays a yield based on how much the fund earns.

141 sats \ 0 replies \ @Wumbo 14h

1,139 sats per share

20% of all MSTY dividends goes back to the Stackers!