Against the backdrop of bitcoin's continuous rise, microstrategy has recently shown strong performance, with a 6.17% increase in stock price on Friday, surpassing the increase of bitcoin, while far outperforming other declining technology stocks. MicroStrategy continues to shareholding bitcoin, currently holding over 0.25 million BTC, with unrealized profits as high as 6.7 billion dollars.

MicroStrategy, the listed company holding the most bitcoin, has shown remarkable performance in the recent continuous rise of bitcoin. The latest closing price is $176.22, up 6.17% in a single day, with a 19.49% increase in the past week, far exceeding bitcoin's 5% weekly increase, and outperforming other technology stocks.

On Friday, Microsoft fell by 0.76%, and the AI chip giant NVIDIA fell by over 2%, dragging down technology stocks. The Nasdaq index fell by 0.39%, and Taiwan Semiconductor ADR plunged by 4.74%, making MicroStrategy's stock performance even more prominent.

MicroStrategy's bitcoin holdings have a floating profit of $6.7 billion.

On the 13th and 20th of this month, MicroStrategy invested over $1.5 billion to increase its holdings by 25,720 bitcoins. On the 18th, it also announced the issuance of convertible preferred bonds worth $0.875 billion, and hinted that besides redeeming expiring convertible bonds, the funds will continue to be used to purchase bitcoin.

According to the latest statistics from Bitcoin Treasuries, MicroStrategy's bitcoin holdings have increased to 0.2522 million BTC, costing a total capital of approximately $9.9 billion. The total value of holdings has risen to $16.595 billion as bitcoin exceeded $0.066 million, with an unrealized profit of $6.695 billion.

Double long microstrategy ETF attracted 72 million magnesium in a single week.

It is worth mentioning that 7 days ago, REX Shares and Tuttle Capital Management launched a "double long microstrategy" ETF called T-REX 2X Long MSTR Daily Target ETF (MSTU). This is currently the most leveraged product among funds related to MSTR, quickly gaining market favor. Bloomberg ETF analyst Eric Balchunas pointed out that MSTU attracted 72 million USD in a week, ranking it in the top 20% of the best-performing among the 515 ETFs launched this year.

In addition, Defiance also launched an active ETF that is 1.75 times long microstrategy in mid-August this year, with the exchange code MSTX, also attracting market funds. Eric Balchunas commented on these two ETFs:

Surprisingly, the 2x leveraged $MSTR ETF had already managed $72 million in assets just one week after its launch, which is particularly notable considering the 1.75x leveraged $MSTR ETF, which was launched earlier, already managed $0.357 billion, placing it in the top 8% of the best performers among new launches.

Both of them have very strong liquidity, and I originally thought they didn't have space to coexist (especially so quickly).

Eric Balchunas emphasizes that this clearly demonstrates the huge demand in the market for "investment products that can bring returns quickly".