10 Year Conservative ASST Model
$BTC appreciating 30% annually
Annual $SATA issuance to maintain 40% Amplification
No $ASST issuance to purchase $BTC
Dividends funded through $ASST at 1.5x mNAV
No dividend rate change for $SATA
Exiting at 1x mNAV
CEBE/share: 12,737 sats → 30,365 sats
ASST: $14.58 → $265.54 = +1,721%
BTC: $63,434.83 → $874.5K = +1,279%
