Strategy ETFs crash 80% amid Bitcoin turmoil; MSTR gains 6% in surprising divergence

Core Insights - Bitcoin's decline in December led to an 80% drop in Strategy Inc.'s leveraged ETFs, resulting in a loss of $1.5 billion in retail savings from MSTX and MSTU [1] Company Summary - Strategy Inc., formerly known as Microstrategy, experienced significant financial impact due to the collapse of its leveraged ETFs [1]