Global Stock News

Buying This Crypto ETF Lost Investors 98% of Their Money

Buying This Crypto ETF Lost Investors 98% of Their Money

Quick Read

  • A $10,000 investment in MSTU in November 2024 shrank to roughly $561 today, representing a 98% wipeout despite Bitcoin falling only 40%.

  • MSTR dropped 45% over the same period, but daily-reset compounding transformed that into a 95% one-year decline inside MSTU.

  • Strategy already uses convertible debt to buy Bitcoin, meaning MSTU buyers hold leverage on top of leverage on top of Bitcoin.

  • Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and MSTU didn’t make the cut. Grab the names FREE today.

$10,000 dropped into T-REX 2X LONG MSTR DAILY TARGET ETF (NASDAQ:MSTU) on November 1, 2024 is worth about $561 today, and that figure already accounts for the 1-for-10 reverse split…

Source link

Share this article

Scroll to Top