The ETF Opportunities Trust T-Rex 2X Long MSTR Daily Target ETF (MSTU) surged 23.33% to close at $12.58 on January 6, 2025, as MicroStrategy's strategic moves in the Bitcoin space fueled investor enthusiasm. MicroStrategy announced a new preferred stock offering aimed at financing additional Bitcoin purchases, a strategy that has historically driven its stock price higher. This move comes as the company continues to increase its Bitcoin holdings per share, leveraging its position as a proxy for Bitcoin's performance. Analysts have noted that while MicroStrategy has underperformed Bitcoin recently, the company's aggressive acquisition strategy could benefit shareholders if Bitcoin prices rise. The anticipation of increased volatility due to the potential share increase vote on January 21 has also contributed to the stock's momentum.