On September 21, T-Rex 2X Long MSTR Daily Target ETF surged 15.19% in regular trading, reaching $48.07 per share, with turnover of approximately $122 million. As a 2X leveraged ETF tracking Strategy (MSTR), the fund amplified the underlying stock's continued rally driven by Bitcoin's sharp rebound and bullish corporate signals.
On the news front, Strategy Executive Chairman Michael Saylor posted a company Bitcoin holdings chart on social media captioned with the phrase \"a little more orange,\" a historically consistent signal preceding purchase disclosures. Strategy typically announces Bitcoin acquisitions on Mondays, fueling market speculation that the company may end a two-week buying hiatus. The company holds approximately 845,050 BTC with an average cost of $75,412 per coin.
Bitcoin's surge past $81,000 — its highest level since June — further propelled crypto-linked equities. Strategy's unrealized Bitcoin gains have expanded to $5.02 billion, a dramatic reversal from a prior $10 billion paper loss. Meanwhile, MSTR's options market saw a rare $135 million deep in-the-money call combination on September 19, signaling strongly bullish institutional positioning.
(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.)