The innovative approach of the MSTY ETF allows investors to benefit from market movements without the need to directly own shares of MicroStrategy. This strategy aims to provide steady returns even amid market fluctuations, as the monthly yield for investors is structured to be stable and not directly tied to MicroStrategy’s share performance.
MicroStrategy has been in the spotlight due to its aggressive investment in Bitcoin. On November 30, Michael Saylor, CEO of MicroStrategy, announced the company’s purchase of an additional 16,130 bitcoins at an average price of $36,785 each. With this acquisition, MicroStrategy’s total bitcoin holdings have reached approximately 174,530 BTC, valued around $7.6 billion.
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Source: Cryptocurrency - investing.com
