Stock Track | Defiance Daily Target 2X Long MSTR ETF Soars 5% After Hours Following MicroStrategy's Bitcoin Yield Report

Stock Track

Dec 24, 2024

The Defiance Daily Target 2X Long MSTR ETF (MSTX) rallied 5.02% in after-hours trading on Monday, following positive news from its underlying holding, MicroStrategy (MSTR).

MicroStrategy, the largest publicly-traded corporate holder of Bitcoin, announced that it had achieved a Bitcoin Yield of 47.4% for the fourth quarter of 2024 and an impressive 73.7% for the full year. Additionally, the company disclosed that it had increased its Bitcoin holdings, further solidifying its commitment to the cryptocurrency.

As a leveraged ETF that aims to provide twice the daily returns of MicroStrategy's stock, MSTX's after-hours surge reflects investors' optimism about MicroStrategy's strong Bitcoin performance and its potential impact on the company's financial results and stock valuation.

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Additionally, the company disclosed that it had increased its Bitcoin holdings, further solidifying its commitment to the cryptocurrency.</p>\n\n<p>As a leveraged ETF that aims to provide twice the daily returns of MicroStrategy's stock, MSTX's after-hours surge reflects investors' optimism about MicroStrategy's strong Bitcoin performance and its potential impact on the company's financial results and stock valuation.</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":"1154654893","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1154654893","pubTimestamp":1734995186,"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 2X Long MSTR ETF  rallied 5.02% in after-hours trading on Monday, following positive news from its underlying holding, MicroStrategy .MicroStrategy, the largest publicly-traded corporate holder of Bitcoin, announced that it had achieved a Bitcoin Yield of 47.4% for the fourth quarter of 2024 and an impressive 73.7% for the full year. Additionally, the company disclosed that it had increased its Bitcoin holdings, further solidifying its commitment to the cryptocurrency.A","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MSTX":"2倍做多MSTR ETF-Defiance"},"translate_title":"MicroStrategy发布比特币收益率报告后，Defiance Daily Target 2倍多头MSTR ETF盘后飙升5%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSTX":1},"content_text":"The Defiance Daily Target 2X Long MSTR ETF (MSTX) rallied 5.02% in after-hours trading on Monday, following positive news from its underlying holding, MicroStrategy (MSTR).\nMicroStrategy, the largest publicly-traded corporate holder of Bitcoin, announced that it had achieved a Bitcoin Yield of 47.4% for the fourth quarter of 2024 and an impressive 73.7% for the full year. 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