The funds quoted in the stock market (ETF) of the defiance exchange strategy (MSTR) saw an increase in the activity on Monday, since the actions of the Bitcoin firm (BTC) fell to its average of 200 days.
A record of 24.33 million shares in the Daily Daily Target of Defiance 2x Long Mstr ETF, which is quoted under the MSTX ticket, changed hands as the price of ETF fell 32% to $ 17.90, the lowest since September, according to the vision of the data source. The ETF seeks to deliver 200% of the daily percentage change in the price of the strategy of the shares, previously known as microstrategia.
Meanwhile, the negotiation volume in the Daily Daily Target De Defiance 2x Short Mstr ETF (SMST) scored 51.21 million, the highest since November 24. The ETF seeks to deliver investment results corresponding to 2 times the inverse of the daily performance of the actions in the strategy. (The net entrance figure for both funds for Monday is not yet available).
MSTR fell 16.6% on Monday to its simple 200-day mobile average (SMA), visiting the minimum of the late February of $ 231.62 as the broader market wilt in the fears of recession of the United States and the continuous increase of the Japanese anti-risgo. The price of the action has decreased 55% since it reached a peak of $ 543 on November 21.
The strategy is the largest Bitcoin holder in the world, with a tire of coins of 499,096 BTC ($ 40.4 billion). The company began to accumulate BTC as an asset of the balance in November and since then it has followed an aggressive accumulation strategy to finance purchases with debt sales.
On Monday, the company announced an offer of $ 21 billion in the market (ATM) of its favorite shares (STRK) of the A Series, whose income will be used mainly to finance the new BTC purchases.
