On August 15, 2024, Defiance ETFs introduced the first-ever leveraged ETF focused on MicroStrategy, known as the Defiance Daily Target 1.75X Long MSTR ETF (MSTX). This ETF is designed to offer investors 1.75 times the daily percentage change in MicroStrategy’s stock price. Given MicroStrategy’s substantial Bitcoin holdings, this ETF provides a unique opportunity for investors seeking amplified exposure to the cryptocurrency market through MicroStrategy’s performance​.

MicroStrategy, led by Executive Chairman Michael Saylor, has become one of the largest holders of Bitcoin, with a current treasury of over 226,500 BTC. The launch of MSTX allows traders to gain leveraged exposure to both MicroStrategy’s stock and its indirect connection to Bitcoin. The ETF is designed for sophisticated investors, given its higher risk due to leverage and market volatility.

Bitcoin Versus is not a financial advisor. This media platform reports on financial subjects purely for educational and entertainment purposes only. Do your own due diligence and contact a professional financial advisor for any advice on how to invest your money.