Defiance Daily Target 1.75x Long MSTR ETF Price & Performance (MSTX)

MicroStrategy's Bitcoin acquisition strategy has shown consistent growth, with holdings increasing from 0.19 million bitcoins in February 2024 to 0.252 million bitcoins by October 2024. Founder Michael Saylor aims to transform the company into a Bitcoin-focused financial institution, leveraging its popularity among ETFs tracking its stock.12

The Defiance Daily Target 1.75X Long MSTR ETF experienced a surge in options trading, with 34,406 call options traded—54% above average volume. The ETF, which leverages MicroStrategy's stock performance, has seen its market value fluctuate significantly, reflecting investor interest in high-risk, high-reward strategies.34

The T-Rex 2X Long MSTR Daily Target ETF, offering double-leveraged exposure to MicroStrategy's stock, reported a price increase of 4.12% to $7.84. This ETF, launched to provide amplified returns, reflects the growing demand for innovative investment vehicles tied to MicroStrategy's performance.56