West Main Self Storage
Current Block Height
Loading...
Latest Bitcoin block · click to explore
Fetching...
Network Hash Rate
Loading...
7-day average EH/s · click for chart
Fetching...
Live Bitcoin Price
Loading...
USD per BTC · Click for chart
Fetching...
Total Bitcoin Holdings
Loading...
Loading...
Current Portfolio Value
Loading...
Real-time valuation
Total Capital Deployed
Loading...
Loading...
Adjusted Cost Basis
Loading...
After TLH reset
Unrealized P&L
Loading...
ROI: Loading...
BTC Yield Since Last Purchase
Loading...
Loading...
Current Quarter BTC Yield
Loading...
Loading...
Current Quarter BTC Gain
Loading...
Loading...
YTD BTC Yield
Loading...
Loading...
YTD BTC Gain
Loading...
Loading...
Last Quarter BTC Yield
Loading...
Loading...
Last Quarter BTC Gain
Loading...
Loading...
Days Since Last Purchase
Loading...
Loading...
Avg Cost (Post-TLH)
Loading...
per BTC · adjusted
Avg Cost (Pre-TLH)
Loading...
per BTC · original
Avg Cost (DCA Only)
Loading...
per BTC · weekly buys
Satoshis per Sq Ft
Loading...
Loading...
Sats/SqFt Increase
Loading...
Since first purchase
Weekly Acquisition Rate
Loading...
Loading...
Acquisition Rate Change
Loading...
Since last purchase
Mortgage Coverage Analysis
BTC Mortgage Coverage
Loading...
Bitcoin value ÷ daily payment
Digital Credit Coverage
Loading...
STRC value ÷ daily payment
BTC + DC Coverage
Loading...
Combined liquid value ÷ daily payment
Outstanding Debt
Loading...
Loading...
Interest Rate
Loading...
Fixed rate
Monthly Interest
Loading...
Interest portion
Monthly Principal
Loading...
Principal portion
Total Monthly Payment
Loading...
30-year amortization
Annual Debt Service
Loading...
Click for amortization schedule
Balloon Date
Loading...
Loading...
Equity
Loading...
Click to toggle
Loan-to-Value (LTV)
Loading...
Debt ÷ RE Value
Bitcoin Real Estate Ratio (BRR)
BRR Ratio
Loading...
Real Estate to Bitcoin
NOI — Before Debt Service
Loading...
Rental cash flow · Click for proforma
Net Income — After Debt Service
Loading...
NOI − mortgage debt service
Cap Rate
%
Edit to recalculate
Real Estate Value
Loading...
NOI ÷ Cap Rate
Total Portfolio
Loading...
Combined assets
Bitcoin Allocation
Loading...
Loading...
Digital Credit Allocation
Loading...
Loading...
BTC to 10% Target
Loading...
Loading...
BTC to 50% Target
Loading...
Loading...
BTC to 99% Target
Loading...
Loading...
Operating Performance
i
Gross Revenue
Total storage rental income collected during the fiscal year before any operating expenses or debt service.Storage Income (annual)
Gross Revenue
Loading...
Storage income
i
Operating Expenses
Total annual cost to run the facility: property tax, insurance, payroll, maintenance, management fees, utilities, and other line items.Sum of all OpEx line items
Operating Expenses
Loading...
Total annual opex
i
Operating Expense Ratio
What percentage of gross revenue is consumed by operating expenses. Lower is better — indicates more efficient operations.OpEx ÷ Gross Revenue
OpEx Ratio
Loading...
Expenses ÷ Revenue
i
Net Operating Income
Revenue minus operating expenses, before any debt payments. The standard measure of a property’s operating profitability.Gross Revenue − Operating Expenses
NOI
Loading...
Revenue − OpEx
i
Cash Flow Before Tax
NOI minus total debt service (principal + interest). This is the actual cash in your pocket before income taxes.NOI − Annual Debt Service
Cash Flow Before Tax
Loading...
NOI − Debt Service
i
Debt Service Coverage Ratio
How many times your NOI can cover the annual debt payments. Lenders typically require 1.25x+. Higher = safer margin.NOI ÷ Annual Debt Service
DSCR
Loading...
NOI ÷ Debt Service
i
Annual Interest
The interest portion of debt service payments. Only interest (not principal) is tax-deductible, making this a key input for taxable income.Outstanding Balance × Rate ÷ 12 × 12
Annual Interest
Loading...
Deductible portion of debt
i
Annual Depreciation
Non-cash deduction from the IRS that reduces taxable income. Based on the Federal Asset Report (FYE 12/31/2024) MACRS schedule.Sum of current-year depr across all assets
Annual Depreciation
Loading...
Non-cash tax deduction
i
Taxable Income
The income figure used to calculate federal tax. Principal payments are not deductible, but interest and depreciation are.NOI − Interest − Depreciation
Taxable Income
Loading...
NOI − Interest − Depr
i
Tax Liability
Estimated federal income tax owed on the property’s taxable income at the top marginal rate of 37%.max(0, Taxable Income) × 37%
Tax Liability
Loading...
Taxable Income × 37%
i
Cash Flow After Tax
The bottom-line cash remaining after all expenses, debt service, and income taxes. This is true take-home cash flow.CFBT − Tax Liability
Cash Flow After Tax
Loading...
CFBT − Tax
i
Break-Even Ratio
What percentage of revenue is needed just to cover operating expenses and debt service. Below 85% is generally healthy.(OpEx + Debt Service) ÷ Revenue
Break-Even Ratio
Loading...
(OpEx + DS) ÷ Revenue
Depreciation & Tax Shield
i
Total Asset Cost
Original purchase price plus all capital improvements placed in service. Includes buildings, equipment, vehicles, and land.Sum of all asset costs on Federal Asset Report
Total Asset Cost
Loading...
Original cost basis
i
Land (Non-Depreciable)
Land cannot be depreciated because it does not wear out or become obsolete. This amount is excluded from the depreciable basis.Land Self Storage + WMR Land Purchase
Land (Non-Depreciable)
Loading...
Excluded from depreciation
i
Depreciable Basis
The portion of total asset cost that can be depreciated over time under MACRS rules (total cost minus land).Total Asset Cost − Land
Depreciable Basis
Loading...
Cost − Land
i
Accumulated Depreciation
Total depreciation claimed in all prior years plus the current year. This is the cumulative write-down of the asset base.Prior years + current year depr (through FYE 2024)
Accumulated Depreciation
Loading...
Through FYE 2024
i
Est. Annual Depreciation
Projected annual depreciation for 2025+. Lower than 2024 because several 5-year assets have fully depreciated.~$68K (several 5-yr assets finished in 2024)
Est. Annual Depreciation
Loading...
2025 projection
i
Remaining Depreciable Basis
How much depreciation is still available to claim in future years before the asset base is fully written down.Depreciable Basis − Accumulated Depr
Remaining Basis
Loading...
Available to depreciate
i
Annual Tax Shield
Actual tax dollars saved each year thanks to the depreciation deduction. Depreciation is a “phantom expense” — no cash leaves the business.Annual Depreciation × 37% tax rate
Annual Tax Shield
Loading...
Depr × 37% tax rate
i
Depreciation Detail
Full asset-by-asset breakdown from the Federal Asset Report showing cost, basis, life, method, accumulated and current year depreciation for every asset.Click to view schedule
Asset Detail
View Schedule
Click for full breakdown
Portfolio Allocation Visualization
Real Estate
DC
BTC
Bitcoin: Loading... Digital Credit: Loading... Real Estate: Loading...
Solar Energy Income
Annual Solar Income
Loading...
Separate from rental NOI
Monthly Solar Income
Loading...
Avg / month
3-Year Projected Income
Loading...
Flat (no growth assumed)
Share of Gross Income
Loading...
of all income streams
Solar Production (Live)
Production Charts
Today's Power Output
About the Solar Stream
Solar income is a third operating cash-flow stream alongside rental NOI and STRC dividends. It is generated by the rooftop solar array at 825 West Main Road and flows directly to the company — no associated debt service, no tenant turnover. Tracked separately so it does not distort the cap-rate calculation on the storage operating NOI.
Digital Rents
Adjusted Cost Basis
$1,000,000
10,014 shares of STRC
Dividend Rate
12.00%
Annual yield (live)
Semi-Monthly Dividend
Loading...
Paid 1st & 15th
Annual Dividend Income
Loading...
Loading...
Loan Principal
$1,800,000
Click for debt schedule
Loan Interest Rate
6.58%
Blended (2 instruments)
Monthly Interest Cost
Loading...
Financing expense
Annual Interest Cost
Loading...
Total cost
Yield Spread
+5.00%
Dividend - Interest
Net Monthly Income
Loading...
After interest
Net Annual Income
Loading...
Yearly profit
Dividends Received
$0.00
0 payments
Live STRC Price
Loading...
Strategy.com
Cost Basis / Share
Loading...
After ROC adjustments
Position Market Value
Loading...
Loading...
Next Payout 📅
Loading...
Loading...
NOI Increase
Loading...
Loading...
STRC History
← Swipe to view all columns →
Date Shares Price Cost Total Shares Note
Effective Yield Tracker
Debt Overview
Total Outstanding Debt
Loading...
Loading...
Weighted Avg Rate
Loading...
Blended across all instruments
Annual Interest Expense
Loading...
Tax-deductible
Monthly Debt Service
Loading...
Total interest + principal / mo
Annual Debt Service
Loading...
Combined payments / year
Debt Service Coverage
Loading...
Gross income / debt service
Debt Instruments
Portfolio Overview — All Sectors
Total BTC Holdings
Loading...
Loading...
STRC Position
Loading...
Loading...
Solar Income
Loading...
Annual, separate stream
Rental NOI
Loading...
Storage operating cash flow
Total Debt
Loading...
Across all instruments
NOI
Loading...
Rental + Solar + STRC, net of expenses
Annual Debt Service
Loading...
Interest + principal/year
Net Income (Post-Debt)
Loading...
After all debt service
Tax Loss Harvested
Loading...
Click for full breakdown
Combined Tax Savings
Loading...
TLH + deductible exchange fees @ 37%
Asset Stack & Loan-to-Value
Loan to Value
<65% safe 65–80% >80%
Assets
Debt
Debt Service Coverage Ratio
Coverage Ratio
<1.0x 1.0–1.25x >1.25x
Annual Income
Annual Debt Service
Consolidated Financials
Rental NOI
Loading...
Storage rental cash flow
Solar Income
Loading...
Separate income stream
STRC Dividends
Loading...
Annual dividend income
Total NOI
Loading...
Net of expenses, before debt service
RE Mortgage Debt
Loading...
3.66% fixed
Loans
Loading...
6.58% blended unsecured
Total Debt
Loading...
Combined liabilities
RE Annual Debt Service
Loading...
Mortgage payments/year
Loan Annual Interest
Loading...
Interest payments/year
Total Annual Debt Service
Loading...
Combined annual payments
RE Net Income (Post-Debt)
Loading...
NOI minus mortgage service
STRC Net Income (Post-Debt)
Loading...
Dividend minus interest
Total Net Annual Income
Loading...
Combined, after debt service
Income vs Debt Service Coverage
Income
Loading...
Debt Service
Loading...
Coverage Ratio: Loading...

Bitcoin Acquisitions

Avg Cost
Purchase Events
Total BTC
BTC Price Purchase Post-TLH Avg Pre-TLH Avg
Bitcoin Yield
Bitcoin Gain
Bitcoin per Square Foot
Bitcoin Lots by Acquisition Price
Tax-Loss Harvest Calculator
HIFO · Live
Sale Price (per BTC)
$
Auto-tracking live price
BTC to Sell
Exchange Fee %
%
Applied to sell + rebuy
Tax Rate %
%
Marginal rate (federal)
Cost Basis
Net Proceeds
Realized Loss / Gain
Short-Term Gains
Select lots
Long-Term Gains
Select lots
Breakeven Price
Avg cost basis on these lots
Exchange Fees
Sell fee + rebuy fee (deductible)
Net Tax Benefit
Tax savings − fees
Lot Selection
← Swipe to view all columns →
Lot Date Cost Basis / BTC BTC in Lot Lot Cost Lot Proceeds P/L Holding
No wash sale rules on Bitcoin — sell at a loss and immediately repurchase, locking in the tax deduction while maintaining your full BTC position. The only cost is exchange fees (~1% at 0.5%/side), which are themselves tax-deductible — sell fees reduce your proceeds (increasing the realized loss), and rebuy fees increase your new cost basis. Short-term losses offset short-term gains and up to $3K/yr of ordinary income (federal, US); excess carries forward indefinitely.
Realized Tax Loss
Loading...
Click for full breakdown
Est. Tax Savings (37%)
Loading...
At top marginal rate
Exchange Fees Paid
Loading...
Deductible
Net Proceeds Received
Loading...
BTC sold
Purchase History
← Swipe to view all columns →
Date Type Satoshis BTC Price Cost Total Sats Sats/Sq Ft