Stock Track | T-Rex 2X Long MSTR Daily Target ETF Plummets 9.70% Pre-market on Concerns Over Leveraged Bitcoin Exposure

Stock Track

2024-12-30

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) witnessed a sharp pre-market plummet of 9.70% on Monday, following an announcement from MicroStrategy (MSTR), the company that MSTU is designed to track with leverage, regarding its Bitcoin investment performance for the year 2024.

MicroStrategy reported a Bitcoin yield of 74.1% for the full year 2024, a significant increase from the previous year's performance. While this could have been seen as positive news, the market seems to have reacted negatively, with MSTU experiencing a sharp decline in the pre-market session.

This negative reaction could be due to investors' concerns about the volatility associated with Bitcoin investments and the potential risks involved in leveraged products like MSTU, which aims to provide twice the daily return of MicroStrategy's stock.

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While this could have been seen as positive news, the market seems to have reacted negatively, with M","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MSTU":"T-Rex 2X Long MSTR Daily Target ETF"},"translate_title":"由于对杠杆比特币敞口的担忧，股票跟踪T-Rex 2倍多头MSTR Daily Target ETF盘前暴跌9.70%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSTU":1},"content_text":"The T-Rex 2X Long MSTR Daily Target ETF (MSTU) witnessed a sharp pre-market plummet of 9.70% on Monday, following an announcement from MicroStrategy (MSTR), the company that MSTU is designed to track with leverage, regarding its Bitcoin investment performance for the year 2024.\nMicroStrategy reported a Bitcoin yield of 74.1% for the full year 2024, a significant increase from the previous year's performance. 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