💰MSTR, MSTU Hit ATHs, Do You Know the 3-digital in Return of MSTY?

Tiger_Contra
11-20

The price of $Bitcoin(BTC.USD.CC)$ has already surpassed $92,000, with the $100,000 milestone truly within reach!

According to data from CryptoQuant, smaller transactions under $100K have reached their highest level in three years.

ARK Invest CEO Cathie Wood, who initially invested in Bitcoin when it was $250 in 2015, remains bullish even at current levels. She foresees Bitcoin’s price reaching $650,000 by 2030.

Quinn Thompson, founder of crypto hedge fund Lekker Capital, shares this optimistic view.

He predicts that Bitcoin will reach the $100,000 milestone soon, potentially by the end of this month.

“The market is realising just how big of a regime shift is underway. The US government and regulatory bodies, the strongest entities in the world, are now moving away from an anti-crypto stance to one of embrace,”

US stocks and ETFs related to Bitcoin (BTC) have been receiving a string of positive updates.

$MicroStrategy(MSTR)$ has recently acquired a record $4.6 billion worth of Bitcoin, aligning with its previously announced strategy to leverage the capital markets to expedite cryptocurrency purchases.

  • Between November 11 and November 17, the company procured around 51,780 Bitcoins. Prior to this, they had acquired over 27,000 Bitcoins between October 31 and November 10, in addition to two significant purchases made in September. As of now, MicroStrategy holds approximately $30 billion in Bitcoin.

  • Reports from Bitpush, citing the 13F filings with the SEC by institutional investment managers, reveal that the number of institutions with holdings in MicroStrategy has surged from 667 to 738, with a cumulative value of $15.3 billion. Notable among these are the Vanguard Group and Capital International Investors. Morgan Stanley, a leading investment bank, has increased its stake by purchasing 8 million shares, marking a 500% rise from the preceding month. State Street and Susquehanna have collectively acquired 5.3 million shares of MSTR.

    Since the beginning of 2024, $MicroStrategy(MSTR)$ 's share price has seen a remarkable increase of 581.64%, contrasting with $Bitcoin(BTC.USD.CC)$ 's cumulative growth of 101% over the same period. This indicates an exceptional performance by MicroStrategy within the BTC industry chain.

  • $iShares Bitcoin Trust(IBIT)$ : IBIT options officially went live on November 19th, marking the first option trading product linked to a spot Bitcoin ETF, which could further increase market liquidity and attract more investors. IBIT is a Bitcoin ETF managed by BlackRock, which was approved in September 2024 to be the first spot ETF to launch options.

    Join rewarding topics now：Bitcoin Options Starts: Will You Trade IBIT?

  • The coming 47th President of the United States, Donald J. Trump's media company, $Trump Media & Technology(DJT)$ , is in advanced negotiations to acquire the digital asset platform$Bakkt Holdings, Inc.(BKKT)$ . Reports indicate that the negotiations have reached a "late" stage, sparking widespread market interest and causing a significant increase in the stock prices of both companies. The stock price of $Bakkt Holdings, Inc.(BKKT)$ more than doubled following the announcement.

In the entire blockchain industry chain, the stocks and ETFs with the best gains this year are as follows:

At the same time, there are some interesting YieldMax ETFs that may also be worth your attention.

According to data from the Yields Max website, as of November 19, among the top 5 ETFs in terms of total returns, two are related to Blockchain stocks: $YIELDMAX MSTR OPTION INCOME STRATEGY ETF(MSTY)$ , $YIELDMAX COIN OPTION INCOME STRATEGY ETF(CONY)$ . The other two are $YieldMax MRNA Option Income Strategy ETF(MRNY)$ , $YIELDMAX NVDA OPTION INCOME STRATEGY ETF(NVDY)$ , $YieldMax AMD Option Income Strategy ETF(AMDY)$

TICKER

Name

Reference Asset

Indicated Yield *

Year To Date Return

12 Month Dividend Yield

Total Return

$YIELDMAX MSTR OPTION INCOME STRATEGY ETF(MSTY)$

YieldMax™ MSTR Option Income Strategy ETF

MSTR

119.10%

107.56%

47.30%

154.86%

$YieldMax MRNA Option Income Strategy ETF(MRNY)$

YieldMax™ MRNA Option Income Strategy ETF

MRNA

95.90%

-78.72%

190.80%

112.08%

$YIELDMAX NVDA OPTION INCOME STRATEGY ETF(NVDY)$

YieldMax™ NVDA Option Income Strategy ETF

NVDA

47.33%

14.68%

72.71%

87.39%

$YIELDMAX COIN OPTION INCOME STRATEGY ETF(CONY)$

YieldMax™ COIN Option Income Strategy ETF

COIN

142.80%

-41.19%

126.00%

84.81%

AMDY

YieldMax™ AMD Option Income Strategy ETF

AMD

84.50%

-50.53%

97.38%

46.85%

An introduction of YieldMax ETFs:

$YIELDMAX MSTR OPTION INCOME STRATEGY ETF(MSTY)$ (YieldMax MSTR Option Income ETF)

  • MSTY is an actively managed fund that seeks to generate monthly income by selling or buying call options on MicroStrategy Incorporated (MSTR). The fund's primary investment objective is to seek current income, and its secondary investment objective is to seek exposure to MicroStrategy Incorporated's stock price while limiting potential investment gains. MSTY investors should note that they will not receive any dividends paid by MSTR.

  • According to Bloomberg data, $YIELDMAX MSTR OPTION INCOME STRATEGY ETF(MSTY)$ has risen 107.56% this year, with a current investment dividend rate of 47.3%, and a total return of 154.86% as of press time.

$YIELDMAX COIN OPTION INCOME STRATEGY ETF(CONY)$ (YieldMax COIN Option Income ETF)

  • CONY is an actively managed fund that seeks to generate monthly income by selling/call options on Coinbase Global, Inc. (COIN). The fund's primary investment objective is to seek current income, and its secondary investment objective is to seek exposure to Coinbase Global, Inc.'s stock price while limiting potential investment gains. CONY investors need to be aware that they will not receive any dividends paid by COIN.

  • According to Bloomberg data, $YIELDMAX COIN OPTION INCOME STRATEGY ETF(CONY)$ has fallen 41.19% this year, with a current dividend rate of 126% and a total return of 84.81% as of press time.

Reminder：The performance data quoted above represents past performance. Past performance does not guarantee future results.

Question For Tigers

  • What Blockchain Assets do you currently hold?

  • What's your target for your Holdings?

  • Have you heard about Yield Max ETF? Will you participate in related ETFs?

Happy investings and try boost purchasing power and trading ideas with CashBoost! Stay tuned. Comment, like and subscribe to @Tiger_Contra .

Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.

Other helpful links:

Citron Shorts MSTR: Would You Bottom or Go Short?
MicroStrategy, known as a "major Bitcoin holder," saw its stock price plummet after Citron Research, led by Andrew Left, posted on social platform X announcing a short position against the software company. Citron argued that MicroStrategy has essentially transformed itself into a Bitcoin investment fund. ----------------- Would you consider bottoming them during a pullback? What's your target price for MSTR?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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