MicroStrategy's stock, a key component of the ETF Opportunities Trust T-Rex 2X Long MSTR Daily Target ETF, is experiencing a notable uptick, driven by a surge in Bitcoin prices. Bitcoin has rebounded above $96,000, boosting confidence in crypto-linked equities like MicroStrategy. This rise in Bitcoin is attributed to optimism surrounding potential regulatory reforms under the new U.S. administration, which is expected to provide clearer guidelines for the crypto market. Additionally, MicroStrategy's recent inclusion in the Nasdaq 100 index has increased its visibility among institutional investors, further supporting its stock price.
The ETF Opportunities Trust T-Rex 2X Long MSTR Daily Target ETF (MSTU) is currently priced at $8.07, reflecting a 6.25% increase from its previous close.