Pairing Amplified Bitcoin and Digital Credit may be underestimated and incredibly powerful, allowing investors to maximize Bitcoin exposure while still generating income. Here is a simple thought experiment combining Amplified Bitcoin and Digital Credit using conservative assumptions inspired by Strategy’s Q3 2025 earnings deck. Assume 30% Bitcoin CAGR, 30% amplification, and a 10 year time horizon. Under those inputs, the BTC factor is 2.8x. In plain terms, you end up with about 2.8x more bitcoin per share than you started with. Now make the assumptions more conservative. Reduce the BTC factor to 2.0x. That could come from lower Bitcoin CAGR, higher dividend payouts, or Bitcoin volatility when financing dividend payments. Even then, you are still doubling your bitcoin per share over 10 years. What does that mean in practice? If you invest 1 BTC worth of capital into an Amplified Bitcoin vehicle trading at 1x mNAV, you would end with 2 BTC per share in 10 years. Compare that to holding spot bitcoin. You buy 1 BTC today and in 10 years you still have 1 BTC. Alternatively, you could buy both Amplified Bitcoin and Digital Credit. Start with 1 BTC worth of total wealth. Allocate 0.5 BTC to Amplified Bitcoin and 0.5 BTC to Digital Credit. If the Amplified Bitcoin position doubles over 10 years, your 0.5 BTC becomes 1 BTC. You have fully preserved your Bitcoin exposure relative to holding spot BTC. At the same time, the Digital Credit allocation generates income. At a $100,000 dollar bitcoin price and a 10% dividend yield, $50,000 dollars allocated to Digital Credit produces $5,000 dollars per year in income. The result is the same long term Bitcoin exposure as holding spot Bitcoin, plus ongoing income along the way. The takeaway is that the combination of Amplified Bitcoin for accumulation and Digital Credit for income may be underestimated. When structured correctly, it allows investors to maximize long term Bitcoin exposure while still generating income. The main assumption is simply Bitcoin's CAGR. Can it actually generate 30% CAGR or more over the next 10 years? I think it's reasonable.(Joe Burnett, MSBA)