On October 2, T-Rex 2X Long MSTR Daily Target ETF rose 8.02% in regular trading, trading at $43.04/share, with turnover of $253 million. The ETF tracks Strategy's stock price at two-times leverage, amplifying the underlying stock's gains during the session.

On the news front, Strategy recently ended a three-month buying hiatus by purchasing BTC for two consecutive weeks, bringing total holdings to a record 847,666 BTC and extending its streak of net quarterly BTC growth to 24 consecutive quarters. The latest weekly purchase of 1,665 BTC at an average cost of $85,681 represented a roughly 75% increase over the prior week's volume. The company also deployed $151.7 million to repurchase STRC preferred stock and disclosed $1.59 billion in cash reserves for potential future acquisitions.

Additionally, MSCI concluded its consultation period on September 30 with results expected by October 16. JPMorgan previously estimated that removal of Strategy from MSCI indices could trigger approximately $2.8 billion in fund outflows, making retention expectations a significant bullish catalyst alongside the resumed BTC accumulation.

(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.)