Ціна Monsterra (MSTR)MSTR

Down more than 8% and holding just above $300 on Monday, MicroStrategy (MSTR) shares are now lower by about 30% since just after the announcement of their inclusion into the Nasdaq-100 index and nearly 50% from their late November record high. The signs of at least a major short-term top in one-time barely known enterprise software company turned juggernaut Bitcoin Development Company were everywhere. First among those signals was the rocketing stock price — at its high of $543 in late November, MSTR was up nearly eight-fold in 2024 and more than a 50-bagger since the company began buying bitcoin (BTC) in August 2020. There was also founder and Executive Chairman Michael Saylor — never shy about promoting his company's prospects and evangelizing for Bitcoin — who late this year had somehow become even more ubiquitous on the financial news, podcast and social media carousels. It wasn't just the constant appearances, but subtle changes in Saylor's attitude to what might charitably be described by U.S. sports fans as "spiking the football" following a touchdown. Among them was the constant promotion of the MicroStrategy-invented key performance indicator of "bitcoin yield," which recalled late 1990s made-up internet bubble metrics like "page views." His company flush with cash from share and convertible debt sales, Saylor — for reasons unknown — late in the year also got in the habit of teasing announcements of sizable new bitcoin purchases on the Sunday prior to the official regulatory filing on Monday morning. And then there was the emergence of copycats. Despite years of the obvious success of Saylor's bitcoin treasury strategy, there had been a decided lack of other publicly traded corporates adopting the same. Yes, a few — even large-caps like the Elon Musk-led Tesla and Jack Dorsey-led Square — had dipped their toes into bitcoin acquisition. No other company of note, though, was willing to not only adopt bitcoin as their main treasury asset but take advantage of willing markets to raise additional capital with which to accumulate tokens. That changed in a sizable way this year however, with small cap medical device maker Semler Scientific, Japan hotel operator Metaplanet, and a number of bitcoin miners among those embracing the Saylor vision — each of them earning social media plaudits from Saylor with every capital raise and bitcoin purchase announcement.

I would be willing to bet Saylor is dumping his $MSTR... Just like in the dotcom days, he is NOT your friend

BTC policy accelerated worldwide in 2024, coinciding with growing global inflation concerns and greater institutional demand for BTC. Lawmakers in the U.S. and Brazil both proposed creating strategic national BTC reserves. Vancouver’s Mayor Ken Sim also argued for diversifying the city’s investments by holding BTC on its sovereign balance sheet. Corporations in corners of the globe allocated millions of dollars to BTC treasuries, following the model established by Michael Saylor’s software giant. Policy around Bitcoin in Switzerland comes as no surprise, as the BTC halving proved massive interest from Swiss citizens. Zurich, the largest Swiss city, ranked top for BTC halving searches on Google, crypto.news reported in April. Despite U.S. spot BTC exchange-traded fund approval months prior, Europe dominated Google queries for info on the trillion-dollar cryptocurrency and its code changes. The BTC mining reward is cut by 50% every four years to maintain scarcity and contain inflation. Back in August, financial records revealed that the Swiss Central Bank bought MicroStrategy shares. As the largest corporate BTC holder with a $35 billion treasury, buying MSTR may afford investors indirect exposure to the trending digital asset.The Bitcoin policy will now explore how the world’s largest decentralized proof-of-work blockchain can stabilize the Swiss energy grid and “use otherwise wasted energy.” Kullmann’s proposal passed following an 85:46 vote in Switzerland’s Parliament.Swiss policymaker Samuel Kullmann secured a sweeping majority vote for a Bitcoin mining study aimed at optimizing local power infrastructure.

Asset manager REX Financial has launched an exchange-traded fund (ETF) designed to earn income from writing options against cryptocurrency stocks, according to a Sept. 18 announcement. The REX Crypto Equity Premium Income ETF executes a “covered call” strategy, holding a basket of 25 crypto stocks and writing out-of-the-money options against them to earn income from the options premiums. The ETF holds the stocks in the BITA Crypto Assets & Digital Payments Index, including “those that operate in crypto mining, trading, custody, blockchain technology development, and the creation of digital payment solutions,” REX said.“Crypto is transforming financial ecosystems, [and] we’re applying our targeted covered call strategy to the sector’s most disruptive companies,” Greg King, REX’s CEO, said in a statement. BITA Crypto Assets & Digital Payments Index performance. Source: BITARelated: REX Shares, Tuttle launch 2X long, short MicroStrategy ETFsThe BITA index has returned more than 80% this year, partly because crypto-related stocks soared after Donald Trump won the Nov. 5 United States presidential election. This is REX’s third covered call ETF. The asset manager launched similar ETFs for Nasdaq and artificial intelligence stocks.It has previously launched other crypto-related ETFs, including T-REX 2X Long MSTR Daily Target ETF (MSTU), which aims to offer 2x leveraged exposure to famed Bitcoin (BTC) buyer MicroStrategy.Options are contracts granting the right to buy or sell — “call” or “put,” in trader parlance — an underlying asset at a certain price.Covered calls earn income by agreeing to sell an asset at a certain price, earning an upfront premium but forfeiting potential upside. Proliferating crypto ETFsUS regulators have softened their stance on crypto oversight after Trump — who has promised to turn the US into the “world’s crypto capital” — prevailed in the US elections.Now, more than a half dozen proposed cryptocurrency ETFs are anticipating a green light from $REX

REX price exposure is a critical aspect of investing in the REX Shares ETFs, particularly the T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). This fund seeks daily inverse investment results, aiming to provide 200% of the inverse of the daily performance of MicroStrategy Inc. (MSTR) ¹. The REX price exposure is influenced by various factors, including the performance of MSTR, market volatility, and the use of leverage. As a 2X inverse ETF, MSTZ uses leverage to amplify the inverse performance of MSTR. This means that if MSTR's stock price decreases by 1%, MSTZ's net asset value (NAV) is expected to increase by 2%, and vice versa ². However, it's essential to note that the REX price exposure can be affected by various risks, including: - *Leverage Risk*: The use of leverage can amplify losses as well as gains, making the fund more volatile than MSTR. - *Inverse Correlation Risk*: The fund's inverse correlation with MSTR may not always be perfect, which can result in unexpected losses. - *Market Volatility Risk*: The fund's NAV can be affected by market volatility, which can result in significant losses. - *Liquidity Risk*: The fund's holdings may be difficult to buy or sell, particularly during times of market turmoil. As of December 20, 2024, the NAV of MSTZ was $19.28, with a medium bid-ask spread of 0.19% ¹. The fund's expense ratio is 1.05%, which is relatively high compared to other ETFs. In conclusion, REX price exposure is a critical aspect of investing in the REX Shares ETFs, particularly the T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). While the fund offers the potential for amplified inverse returns, it also comes with significant risks, including leverage risk, inverse correlation risk, market volatility risk, and liquidity risk. As with any investment, it's essential to carefully consider these risks and evaluate your financial goals and risk tolerance before investing.