Company Performance - The MSTX ETF has surpassed $400 million in assets under management (AUM), reflecting strong investor demand and confidence in the product [1] - The rapid growth of the MSTX ETF to $400 million in AUM highlights investors' growing interest in leveraged strategies and MicroStrategy's stock volatility [2] Investment Strategy - The MSTX ETF offers 1.75x the daily performance of MicroStrategy's stock, targeting sophisticated investors seeking amplified returns over short-term holding periods [3] - The ETF is designed for investors with a strong appetite for risk, providing a tool to enhance exposure to MicroStrategy's dynamic market positioning [3] Market Trends - The strong reception of the MSTX ETF signals confidence in Defiance ETFs' ability to meet market demand for targeted leverage exposure, particularly in the tech and cryptocurrency sectors [4] - MicroStrategy's strategic focus on Bitcoin has made it a popular choice among investors looking to gain exposure to the cryptocurrency market [4] - The launch of MSTX coincides with surging interest in both MicroStrategy and Bitcoin, driven by increasing institutional adoption of digital assets and blockchain technology [5] Company Overview - Defiance ETFs is a leader in leverage-focused exchange-traded funds, providing innovative solutions for tactical traders and investors seeking amplified exposure to individual companies [6] - Founded in 2018, Defiance specializes in income and thematic investing, offering leveraged ETFs designed for traders seeking tactical opportunities [8] - The company's suite of leveraged and thematic ETFs targets disruptive innovations, including artificial intelligence, machine learning, and quantum computing [8]

MicroStrategy Today MSTR MicroStrategy $165.98 +14.04 (+9.24%) 52-Week Range $30.71 ▼ $200.00 Price Target $202.13 Add to Watchlist MicroStrategy NASDAQ: MSTR has become one way many investors have found to get into Bitcoin (BTC). Looking at the returns of the two over the past three years, investing in MicroStrategy has been far superior to investing in Bitcoin. The total return over that time for each has been 177% versus 51%, respectively. But why is that the case? Based on the reports of new Bitcoin pur ...

MIAMI, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading provider of thematic and leveragefocused exchange-traded funds, is thrilled to announce that its MSTX ETF (1.75X MicroStrategy ETF) has surpassed $300 million in assets under management (AUM). This milestone underscores the strong investor demand and confidence in the product's innovative approach to offering amplified exposure to MicroStrategy Inc. (MSTR), a company known for its substantial Bitcoin holdings and cutting-edge data analytics ...

The veteran software company completed a stock split after its share price's meteoric rise. Veteran software firm MicroStrategy (MSTR 0.08%)joined several high-profile corporations, such as Nvidia, in executing a forward stock split this year. The company's 10-for-1 split occurred in August. MicroStrategy's decision to perform a stock split came on the heels of its share price skyrocketing over 100% in 2024. In fact, last October, shares were at a split-adjusted 52-week low of $30.71, but they zoomed as hig ...

MIAMI, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading provider of thematic and leveragefocused exchange-traded funds, is thrilled to announce that its MSTX ETF (1.75X MicroStrategy ETF) has surpassed $200 million in assets under management (AUM). This milestone underscores the strong investor demand and confidence in the product's innovative approach to offering amplified exposure to MicroStrategy Inc. (MSTR), a company known for its substantial Bitcoin holdings and cutting-edge data analytics ...

MicroStrategy Inc MSTR continues its audacious bet on Bitcoin BTC/USD, recently purchasing $1.11 billion worth of the cryptocurrency between August and September. This latest buy brings the company's Bitcoin holdings to a staggering 244,800 coins, now valued at approximately $9.45 billion. As MicroStrategy increasingly ties its fortunes to the volatile world of Bitcoin, investors are left wondering: Can the stock keep its momentum, or is a correction looming? MicroStrategy CEO Michael Saylor's commitment to ...

MicroStrategy stock saw some of the most options volume over the last 10 days Shares of crypto-adjacent name MicroStrategy Inc (NASDAQ:MSTR) are 4.2% lower today, last seen trading at $135.56, falling alongside Bitcoin (BTC). At last glance, BTC is down 2.4% at $57,803.20, but earlier fell as low as $57,628.37. Since the start of September, BTC has lost 2.1%, while MSTR is up 2.2% in the same timeframe. The latter is coming off a 23.8% weekly gain that helped stretch its year-over-year lead to 298%. Daily C ...

MicroStrategy's Big Bitcoin Bet: Risky or Genius? Why This Company's All-In on Crypto and What It Means for Investors Alfonso holds a Bachelor's degree in Economics. With his expertise in financial markets, he delivers insightful analysis and investment strategies. Off work, he enjoys playing soccer, combining his passion for sports with his financial acumen. MicroStrategy isn't your average tech company anymore. Once known for its business software, it's now a full-blown "Bitcoin development company." Led ...

Bitcoin is rising above $64,000, and MicroStrategy shares are soaring by 40% in three days in Suqian, Jiangsu Province, China, on February 29, 2024. MicroStrategy shares jumped more than 8% on Friday after founder Michael Saylor said the company purchased another $1.1 billion worth of bitcoin. The stock jumped 24% for the week and is now up 124% this year. Saylor said in a post on X that MicroStrategy's average purchase price in the four years it's been buying bitcoin is $38,585 per coin. Bitcoin is current ...

Software company MicroStrategy Inc MSTR has purchased more Bitcoin BTC/USD, continuing the company's strategy of buying the leading cryptocurrency asset. What Happened: MicroStrategy announced Friday it acquired 18,300 Bitcoin between Aug. 6 and Sept. 12. The announcement comes days after MicroStrategy Executive Chairman Michael Saylor highlighted the company's outperformance compared to all the S&P 500 companies. The software company co-founded by Saylor said the 18,300 Bitcoin were acquired for around $1. ...