Cost & Pricing
Complete transparency in all costs with no hidden fees, markups, or surprises
Spirit Global Management Fee
Paid monthly in arrears on crypto assets under management at Anchorage Digital with no hidden charges or surprise fees.
What's Included:
- Complete custody coordination and oversight
- Daily collateral monitoring and margin management
- Lending facility negotiation and management
- Integrated portfolio reporting across all assets
- Professional tax reporting and documentation
- Strategic advisory and optimization services
Cantor Fitzgerald Lending Costs
Zero markup on lending rates - you pay exactly what Cantor Fitzgerald charges us.
Interest Rates:
- Bitcoin collateral: 8-14% APR
- Other crypto assets: case-by-case pricing
Origination Fees:
Anchorage Digital Custody:
Included in Spirit Global management fee—no separate billing to client for custody, security, or operational services.
Lending vs. Liquidation: The Math
Client Scenario: Need $50M for investment opportunity; hold $100M Bitcoin with $80M cost basis
Option 1: Sell Bitcoin
- Gross proceeds: $50M
- Capital gains tax (23.8%): ~$6M immediate loss
- Net proceeds: $44M
- Lost future upside: Unknown but potentially substantial
- Total opportunity cost: $6M+ immediately
Option 2: Crypto Lending
- Loan proceeds: $50M (full amount)
- Year 1 all-in cost: $6.25M (12.5%)
- Maintained Bitcoin exposure: $100M continues appreciating
- Tax alpha from harvesting: Potential +1-2% annually
- Effective cost: ~10-11% with full upside
"Winner: Crypto lending provides full $50M proceeds with no tax hit and maintained upside exposure."
Professional. Institutional. Fiduciary.
Spirit Global Investment Advisors: Bringing Wall Street institutional lending to cryptocurrency wealth management with complete transparency, federal custody, and professional RIA oversight for discerning family offices.
Take the Next Step
Schedule a Confidential Consultation
Discuss your current crypto holdings, liquidity objectives, and investment timeline with our experienced advisory team in a private, no-obligation conversation.
Receive Customized Analysis
Get detailed facility sizing recommendations, terms estimation based on current market conditions, comprehensive risk assessment, and complete all-in cost analysis tailored to your situation.
Review Implementation Timeline
Understand the complete process from initial consultation to funding and activation, with clear milestones, documentation requirements, and expected timeframes for each step.