A legal way to minimize taxes is through bitcoin-treasury preferred stocks like STRC and SATA. They’re designed to trade around $100/share (with modest volatility) and currently yield ~11% and ~13%, paid monthly.
The key feature is that dividends are paid as return of capital, so they’re not taxable income. Instead, your cost basis is reduced, meaning taxes are deferred until you sell. These are structured to amortize the basis to zero over roughly 10 years (STRC) and ~7 years (SATA). Until then, you can receive substantial cash flow without recognizing income—potentially qualifying for income-based government benefits despite large cash inflows.
Risk-wise, these preferreds sit high in the capital stack, so even in a severe downside or bankruptcy scenario, recovery could be 90–100%. The structure works because of bitcoin’s properties; belief in bitcoin helps, but isn’t strictly required for the thesis.
Net effect: legally defer taxes, generate high cash flow, and reduce dependence on banks and the IRS—at least for several years.