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%
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