The Defiance Daily Target 1.75x Long MSTR ETF (MSTX) surged 25.84% to close at $47.48 on January 3, driven by a significant rise in MicroStrategy's stock price. MicroStrategy shares climbed 5.2% during mid-day trading, reaching as high as $317.13, fueled by a series of bullish analyst reports. Barclays, TD Cowen, and BTIG Research have all raised their price targets for MicroStrategy, citing strong potential for growth. The company's aggressive financial strategies, including accelerated ATM share sales, have been a focal point of investor discussions, with CEO Michael Saylor's actions drawing both optimism and caution. Additionally, the broader cryptocurrency market showed resilience, with Bitcoin trading at $97,939, buoyed by expectations of a crypto-friendly regulatory environment under the new U.S. administration.