Big news in the world of Bitcoin! A company called MicroStrategy, which owns lots of Bitcoin, saw its stock price go down. This made some special investments, called ETFs, become very active. These ETFs let people bet on whether MicroStrategy's stock will go up or down.
- MicroStrategy owns a huge amount of Bitcoin – almost 500,000 Bitcoins!
- Its stock price dropped a lot, making some related investments very popular.
- One investment (MSTX) let people bet that MicroStrategy's stock would go up. Another (SMST) let them bet it would go down.
- MicroStrategy is planning to raise money to buy even more Bitcoin.
Fact | Number |
---|---|
MicroStrategy's Bitcoin holdings (approx) | $40.4 Billion |
MicroStrategy stock price drop since November | 55% |
MSTX ETF price drop on Monday | 32% |
MSTX shares traded on Monday | 24.33 Million |