Reddit discussions have been abuzz with speculation about MicroStrategy's aggressive financial strategies, particularly the accelerated pace of its ATM share sales. CEO Michael Saylor's decision to complete 75% of the $21 billion offering much faster than initially planned has raised concerns among investors about the unpredictability of his actions. Additionally, the potential impact of Bitcoin's price movements on MicroStrategy's stock remains a hot topic. While some investors are optimistic about a future Bitcoin rally boosting MSTR's value, others remain cautious due to Bitcoin's inherent volatility.
The Defiance Daily Target 1.75x Long MSTR ETF (MSTX) experienced a slight decline, dropping 0.8% to $37.43 at 7:20 AM on Friday, January 3.