Stock Track | MSTX ETF Soars as MicroStrategy Stock Rallies on Bitcoin Bet

Stock Track

Oct 25, 2024

The Defiance Daily Target 1.75X Long MSTR ETF (MSTX) surged by 5.23% on Thursday, October 25th, 2024, fueled by the remarkable performance of MicroStrategy Inc. (MSTR), the underlying stock tracked by the leveraged ETF.

MicroStrategy, a software company that has made headlines for its strategic investments in Bitcoin, saw its stock price reach a new 52-week high of $236.29 during Thursday's trading session. The company's shares have soared by an astonishing 244% year-to-date, reflecting investors' growing confidence in its unique positioning as a gateway for institutional investors to gain exposure to the world's largest cryptocurrency.

A significant driver of this optimism is BlackRock Inc. (BLK), the world's largest asset manager, which recently expanded its stake in MicroStrategy to 5.2%. This move is seen as a strong vote of confidence in the company's future prospects, with analysts projecting that Bitcoin could reach $200,000 by the end of 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1164712937"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1164712937\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1164712937?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-25 22:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1164712937","market":"hk","top_or_hot":-1,"title":"Stock Track | MSTX ETF Soars as MicroStrategy Stock Rallies on Bitcoin Bet","media":"Stock Track","content":"<p>The Defiance Daily Target 1.75X Long MSTR ETF (MSTX) surged by 5.23% on Thursday, October 25th, 2024, fueled by the remarkable performance of MicroStrategy Inc. (MSTR), the underlying stock tracked by the leveraged ETF.</p>\n\n<p>MicroStrategy, a software company that has made headlines for its strategic investments in Bitcoin, saw its stock price reach a new 52-week high of $236.29 during Thursday's trading session. The company's shares have soared by an astonishing 244% year-to-date, reflecting investors' growing confidence in its unique positioning as a gateway for institutional investors to gain exposure to the world's largest cryptocurrency.</p>\n\n<p>A significant driver of this optimism is BlackRock Inc. (BLK), the world's largest asset manager, which recently expanded its stake in MicroStrategy to 5.2%. This move is seen as a strong vote of confidence in the company's future prospects, with analysts projecting that Bitcoin could reach $200,000 by the end of 2025.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | MSTX ETF Soars as MicroStrategy Stock Rallies on Bitcoin Bet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | MSTX ETF Soars as MicroStrategy Stock Rallies on Bitcoin Bet\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-10-25 22:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The Defiance Daily Target 1.75X Long MSTR ETF (MSTX) surged by 5.23% on Thursday, October 25th, 2024, fueled by the remarkable performance of MicroStrategy Inc. (MSTR), the underlying stock tracked by the leveraged ETF.</p>\n\n<p>MicroStrategy, a software company that has made headlines for its strategic investments in Bitcoin, saw its stock price reach a new 52-week high of $236.29 during Thursday's trading session. The company's shares have soared by an astonishing 244% year-to-date, reflecting investors' growing confidence in its unique positioning as a gateway for institutional investors to gain exposure to the world's largest cryptocurrency.</p>\n\n<p>A significant driver of this optimism is BlackRock Inc. (BLK), the world's largest asset manager, which recently expanded its stake in MicroStrategy to 5.2%. This move is seen as a strong vote of confidence in the company's future prospects, with analysts projecting that Bitcoin could reach $200,000 by the end of 2025.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSTX","symbol_name":"2倍做多MSTR ETF-Defiance","start_time":0,"source_url":"","article_id":"1164712937","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1164712937","pubTimestamp":1729865549,"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 Defiance Daily Target 1.75X Long MSTR ETF  surged by 5.23% on Thursday, October 25th, 2024, fueled by the remarkable performance of MicroStrategy Inc. , the underlying stock tracked by the leveraged ETF.MicroStrategy, a software company that has made headlines for its strategic investments in Bitcoin, saw its stock price reach a new 52-week high of $236.29 during Thursday's trading session. The company's shares have soared by an astonishing 244% year-to-date, reflecting investors' growing co","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MSTX":"2倍做多MSTR ETF-Defiance"},"translate_title":"MicroStrategy股票因比特币押注而上涨，股票跟踪MSTX ETF飙升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSTX":1},"content_text":"The Defiance Daily Target 1.75X Long MSTR ETF (MSTX) surged by 5.23% on Thursday, October 25th, 2024, fueled by the remarkable performance of MicroStrategy Inc. (MSTR), the underlying stock tracked by the leveraged ETF.\nMicroStrategy, a software company that has made headlines for its strategic investments in Bitcoin, saw its stock price reach a new 52-week high of $236.29 during Thursday's trading session. The company's shares have soared by an astonishing 244% year-to-date, reflecting investors' growing confidence in its unique positioning as a gateway for institutional investors to gain exposure to the world's largest cryptocurrency.\nA significant driver of this optimism is BlackRock Inc. (BLK), the world's largest asset manager, which recently expanded its stake in MicroStrategy to 5.2%. This move is seen as a strong vote of confidence in the company's future prospects, with analysts projecting that Bitcoin could reach $200,000 by the end of 2025.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}