The Lever of Defiance Lever (MSTR) strategy on the Stock Exchange (ETF) funds experienced an increase in activity on Monday while the Bitcoin Detention Society (BTC) fell to their 200 -day average.
A record of 24.33 million shares in the Daily Target 2x Long ETF defiance, trading under the MSTX Ticker, changed hands while the ETF price has slipped from $ 32% to $ 17.90, the lowest since September, according to Data Source TradingView. The FNB seeks to provide 200% of the daily variation as a percentage of the strategy action, formerly known as microstrategy.
Meanwhile, the negotiation volume in the Daily Target 2x Short MSTR ETF (SMST) decay raised 51.21 million, the highest since November 24. The ETF seeks to provide investment results corresponding to 2 times the reverse of the daily performance of the actions of the strategy. (The net number of entries for both funds for Monday is not yet available.)
The MSTR fell 16.6% on Monday to its simple 200-day mobile average (SMA), revisiting the hollow at the end of February of $ 231.62 while the wider market was held on the fears of the American recession and increases continuous from the Japanese anti-risk. The share price decreased by 55% since it reached a peak of $ 543 on November 21.
The strategy is the largest holder of public list Bitcoin in the world, with a hiding place of 499,096 BTC (40.4 billion dollars). The company began to accumulate BTC as a review in November and has since continued an aggressive purchasing financing strategy with debt sales.
On Monday, the company announced an offer of $ 21 billion to the market (ATM) of its series A Preferred Stock (STRK), the product of which will mainly be used to finance new BTC purchases.
