On September 30, T-Rex 2X Long MSTR Daily Target ETF rose 8.06% in pre-market trading, trading at $43.8/share, with turnover of approximately $7.21 million. The ETF tracks Strategy stock at two-times daily leverage, with the underlying shares up roughly 3.19% pre-market, amplified by the leveraged structure.
On the news front, Strategy disclosed on September 28 that it acquired 1,666 BTC during the prior week, lifting its total holdings to a record 847,666 BTC. The purchase ended a three-month buying hiatus and marked the second consecutive weekly addition, extending the company's streak of 24 consecutive quarters of net BTC accumulation. Earlier in late August, Strategy had established a $1.59 billion cash reserve and raised approximately $2 billion through equity issuance, building substantial firepower for potential further acquisitions.
Notably, MSTR options markets have seen significant large-block activity in recent weeks. A $135 million double-buy deep in-the-money call combination appeared on September 19, signaling strongly bullish institutional sentiment, while earlier sessions featured competing bearish structures, reflecting elevated multi-directional positioning around the stock.
(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.)