Stock Track | T-Rex 2X Long MSTR Daily Target ETF Soars 5.09% as MicroStrategy Acquires More Bitcoin

Stock Track

01-14

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) surged 5.09% in the overnight trading session. This significant move was fueled by MicroStrategy's (MSTR) latest Bitcoin purchase, 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 5.09% surge in response to MicroStrategy's latest Bitcoin purchase.

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This significant move was fueled by MicroStrategy's (MSTR) latest Bitcoin purchase, which the leveraged ETF aims to track with 2x leverage.</p>\n<p>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.</p>\n<p>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 5.09% surge 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":"1129145559","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1129145559","pubTimestamp":1736831545,"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 5.09% in the overnight trading session. 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This significant move was fueled by MicroStrategy's (MSTR) latest Bitcoin purchase, 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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