Movement Alert｜T-Rex 2X Long MSTR Daily Target ETF Rises 10.18% in Regular Trading, Bitcoin Approaches $80,000 as Strategy Builds $1.59 Billion Cash War Chest

Market Focus

Aug 24

On August 24, T-Rex 2X Long MSTR Daily Target ETF rose 10.18% in regular trading, trading at $30.2/share, with turnover of $90.42 million. As a 2X leveraged ETF tracking Strategy Inc (MSTR), the fund amplified gains driven by Bitcoin rallying above $79,000 and Strategy's latest financial disclosures.

On the news front, Strategy filed with the SEC revealing it has established a new $1.59 billion cash reserve designated for bitcoin treasury purposes, while maintaining $5.1 billion in digital asset reserves as of August 23. The company continues to hold 840,447 BTC at an average cost of $75,385 per coin. Strategy has not purchased additional Bitcoin since the week of June 22, suggesting the newly established cash pool could serve as potential ammunition for future acquisitions. Meanwhile, Bitcoin surged approximately 23% over the past week, driven by short squeezes liquidating roughly $2.5 billion in leveraged short positions and renewed ETF inflows.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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.

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It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSTU","symbol_name":"2倍做多MSTR ETF-T-Rex","start_time":0,"source_url":"","article_id":"1121018348","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1121018348","pubTimestamp":1787581400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 24, T-Rex 2X Long MSTR Daily Target ETF rose 10.18% in regular trading, trading at $30.2/share, with turnover of $90.42 million. 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The company continues to hold 840,447 BTC at an average cost of $75,385 per coin. Strategy has not purchased additional Bitcoin since the week of June 22, suggesting the newly established cash pool could serve as potential ammunition for future acquisitions. Meanwhile, Bitcoin surged approximately 23% over the past week, driven by short squeezes liquidating roughly $2.5 billion in leveraged short positions and renewed ETF inflows.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}