Stock Track | T-Rex 2X Long MSTR Daily Target ETF Soars 10.18% in Pre-Market on MicroStrategy's Massive $243 Million Bitcoin Accumulation

Stock Track

01-14

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) surged 10.18% in the pre-market trading session on Tuesday. This significant move was driven by MicroStrategy's (MSTR) latest substantial purchase of Bitcoin, which the leveraged ETF aims to track with 2x leverage.

According to reports, MicroStrategy acquired an additional 2,530 Bitcoins for $243 million at an average price of $95,972 per BTC. This purchase increased MicroStrategy's total Bitcoin holdings to a staggering 450,000 BTC, worth around $41 billion at current prices.

MicroStrategy's ongoing commitment to accumulating Bitcoin as a long-term investment strategy appears to be boosting investor confidence in the company and driving up its stock price. As a leveraged ETF designed to deliver twice the daily returns of MSTR shares, the T-Rex 2X Long MSTR Daily Target ETF (MSTU) witnessed an amplified 10.18% surge in pre-market trading in response to MicroStrategy's latest Bitcoin purchase.

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As a leveraged ETF designed to deliver twice the daily returns of MSTR shares, the T-Rex 2X Long MSTR Daily Target ETF (MSTU) witnessed an amplified 10.18% surge in pre-market trading in response to MicroStrategy's latest Bitcoin purchase.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSTU","symbol_name":"T-Rex 2X Long MSTR Daily Target ETF","start_time":0,"source_url":"","article_id":"1117808427","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1117808427","pubTimestamp":1736865398,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"The T-Rex 2X Long MSTR Daily Target ETF  surged 10.18% in the pre-market trading session on Tuesday. 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This significant move was driven by MicroStrategy's (MSTR) latest substantial purchase of Bitcoin, which the leveraged ETF aims to track with 2x leverage.\nAccording to reports, MicroStrategy acquired an additional 2,530 Bitcoins for $243 million at an average price of $95,972 per BTC. This purchase increased MicroStrategy's total Bitcoin holdings to a staggering 450,000 BTC, worth around $41 billion at current prices.\nMicroStrategy's ongoing commitment to accumulating Bitcoin as a long-term investment strategy appears to be boosting investor confidence in the company and driving up its stock price. 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