Monthly Cash Flow from Digital Credit: Three Sample Portfolios

Short answer: For a monthly cash flow from digital credit, you buy bitcoin preferred stocks that pay daily, such as STRC, SATA or SATS. With €60’000 at an effective yield of around 12%, about €600 a month arrives before tax, around €450 net in Germany. Higher yields mean less bitcoin coverage. Mixing reduces the risk of any single issuer.

You want money in your account every month without selling your bitcoin bit by bit. Digital credit promises exactly that: 10 to 15% dividend a year, paid out daily for many securities. But how much capital do you need, which securities go together, and what is left if an issuer doesn't pay? Here we work through three sample portfolios for a monthly cash flow from digital credit, with figures from Nov 13, 2026.

Which securities pay how often?

For a cash flow, it's not only the yield that counts but also the rhythm. A security that pays four times a year makes you wait three months. How bitcoin preferred stocks work in principle is explained in the guide Digital credit explained.

As of Nov 13, 2026, effective yield at the closing prices of Nov 12, 2026 (Yahoo Finance). Live figures: Digital Credit overview, dates: dividend calendar.

"Daily" for STRC means: every calendar day counts, and payment is made on the next business day. SATA and SATS pay on every business day. So depending on the month, a little more or less arrives. Strategy's four quarterly securities all pay on the same day, at the end of March, June, September and December. Mixing several of them therefore doesn't spread the cash flow.

The yield in the table is the effective yield: the dividend divided by today's price. How to read it together with the BTC coverage is shown in Effective yield, BTC coverage and BTC price at 1×.

How much capital do you need for your cash flow?

The calculation is simple: amount times yield gives the dividend per year, divided by twelve the dividend per month. Tax comes off that. In Germany, with the W-8BEN form, around 74.5% remains; in Austria 72.5%; in Switzerland it depends on your tax rate.

Germany without church tax and with the saver's allowance (Sparer-Pauschbetrag) already used up. Before fees and assuming an unchanged rate and exchange rate.

How exactly the tax is calculated in your country is in Taxing dividends from digital credit.

Three sample portfolios for monthly cash flow

All three examples invest €60’000. With CHF 60’000 the figures in francs are the same, as long as the exchange rate holds. They are not recommendations, but show what a decision means for income, rhythm and risk.

Portfolio A: STRC only

The simplest solution: everything in STRC. The rate is variable; Strategy resets it every month to keep the price near $100. Since July 2026 it has been 12%. How this mechanism works is explained in STRC (Stretch) explained.

• Cash flow: €7’200 a year, €600 a month before tax, around €447 net in Germany.
• Rhythm: daily, so roughly the same amount every month.
• Coverage: 3.72×. Only below around €17’200 per bitcoin would Strategy's bitcoin no longer suffice for everything up to and including STRC.
• Weakness: one issuer, one variable rate, everything in dollars.

Portfolio B: Three securities from Strategy

One third STRF, one third STRC, one third STRE. STRF ranks first in Strategy's order of seniority; STRE pays in euros. The differences between the four fixed-rate securities are shown in STRF, STRK, STRD, STRE compared.

• Cash flow: €6’896 a year, on average €575 a month before tax, around €428 net.
• Rhythm: uneven, because STRE only pays quarterly (see below).
• Coverage: at least 3.54× (STRE), STRF as much as 7.53×.
• Weakness: only the security is more diversified, not the issuer. If Strategy suspends the dividends, everything stops.

Portfolio C: More yield with Strive

One third STRC, one third SATA, one third SATS. Strive pays more because it is smaller and less bitcoin stands behind its securities. How SATA and SATS relate is in Strive SATA and SATS explained.

• Cash flow: €8’162 a year, €680 a month before tax, around €506 net.
• Rhythm: daily.
• Coverage: only 1.45× for SATS. If bitcoin falls by 31% to around €44’100, Strive's bitcoin no longer fully cover SATS.
• Weakness: two thirds depend on Strive; the weakest link determines your risk.

The three portfolios compared

Own calculation with €60’000 or CHF 60’000, as of Nov 13, 2026. Coverage at a BTC price of €64’123, holdings and claims according to the issuers' filings. In Switzerland, wealth tax comes on top.

Rule of thumb: Portfolio C's extra €80 a month is the price of a much smaller safety margin. Whether that is enough for you, you decide before bitcoin falls, not after.

When payments only come quarterly

Portfolio B shows the problem with STRE. From January 2027, STRF and STRC pay daily, together around €364 a month. STRE pays €633 once a quarter.

Before tax, monthly average. A little less in February, because it only has 28 days.

The solution is not another security, but a savings account in between. All dividends flow there, and you pay yourself a fixed amount every month, for Portfolio B for example €575 before tax. For investors in the euro area, STRE has an advantage that can be worth the detour: the dividend doesn't fluctuate with the dollar.

Stress test: what is left of the cash flow

The examples above hold as long as rate, exchange rate and payments stay the same. This is how the monthly cash flow before tax changes if one of them tips:

Own calculation, portfolios of €60’000. STRE pays in euros and is unaffected by the dollar.

Almost all of these securities are cumulative: the issuer still owes you a suspended dividend. But you only receive it when it pays again, and with STRD not at all. That doesn't help with next month's rent.

Then there is the price. In June 2026, STRC fell to $74.57 and STRD to $50.00, even though all dividends were paid. Anyone who needed money that month and had to sell lost a quarter to a half. All the risks with figures are in The risks of bitcoin preferred stocks.

How to build your cash flow

1. Set your need. How much do you need net per month? Work out the capital with the table above.
2. Choose the rhythm. Daily payers if you want money monthly without a detour. Quarterly ones only with a savings account in between.
3. Mix issuers. Spread across at least two issuers so that one suspension doesn't stop everything.
4. Check the weakest link. Look at the BTC price at 1× for each security. If it is close to today's price, your cash flow is sensitive.
5. Build a buffer. Three to six months of needs in cash before you rely on the dividends.
6. Check the W-8BEN. Without the form, the US withholds 30% instead of 15%.
7. Recalculate once a year. Rates, prices and coverage change. The Digital Credit overview shows them every day.

Work out your own cash flow with your amount, rate and tax rate:

Where does the capital come from?

The calculator above assumes that you sell bitcoin and invest the proceeds in digital credit. That is the most expensive option when bitcoin is cheap. On Nov 13, 2026, bitcoin was at 0.65× the Power Law trend, in the accumulation zone just above the floor.

€60’000 is 0.94 BTC today. If bitcoin stays on its trend in the model, these 0.94 BTC would be worth around €835’000 in ten years, and still around €710’000 even at the floor. Over the same period, Portfolio A brings €72’000 in dividends before tax. The model is no guarantee, but it shows what you give up for the predictable cash flow. How the model calculates is in the methodology.

If you want to keep your bitcoin, there are two other routes. A bitcoin-backed loan brings money without selling, with its own risks: Bitcoin loans: borrow instead of sell. Or you regularly sell a small part, as the 4 percent rule with bitcoin plays through. Digital credit is better suited to money you don't want to hold in bitcoin anyway, such as savings in a fixed-term deposit.