MicroStrategy-Linked ETFs Skyrocket 400% This Year: Is This 'The Michael Saylor Effect'?
MicroStrategy-Linked ETFs Skyrocket 400% This Year: Is This 'The Michael Saylor Effect'?
The Analysts are closely examining the impact of Michael Saylor, co-founder of MicroStrategy Inc. (NASDAQ:MSTR), on exchange-traded funds (ETFs) that are linked to the company's performance. This comes amid a significant surge in MicroStrategy's stock, driven by its substantial Bitcoin (CRYPTO: BTC) holdings.
分析师正在仔细研究微策略公司（纳斯达克股票代码：MSTR）联合创始人迈克尔·塞勒对与公司业绩相关的交易所交易基金（ETF）的影响。这是在MicroStrategy持有的大量比特币（加密货币：BTC）的推动下，其股票大幅上涨。
What Happened: The volatility of MicroStrategy has led to significant returns for ETFs tied to its performance. The stock has surged 416.19% year-to-date, impacting various ETFs.
发生了什么：微策略的波动为与其表现相关的ETF带来了可观的回报。该股今年迄今已飙升416.19％，影响了各种ETF。
The Bitwise Crypto Industry Innovators ETF (NYSE:BITQ) with 18.35% MSTR holding saw a rise of 68.58% so far this year, while the Schwab Crypto Thematic ETF (NYSE:STCE), which gives 14.4% exposure to MSTR, increased by 55.07%.
持有MSTR18.35％的Bitwise加密行业创新者ETF（纽约证券交易所代码：BITQ）今年迄今已上涨68.58％，而对MSTR提供14.4％敞口的施瓦布加密主题ETF（纽约证券交易所代码：STCE）上涨了55.07％。
The T-Rex 2x Long MSTR Daily Target (BATS:MSTU) experienced a remarkable 453.76% gain, and the Defiance Daily Target 2x Long MSTR ETF (NASDAQ:MSTX) rose by 309.09%, Barron's reported on Wednesday.
巴伦周三报告称，霸王龙2倍多头MSTR每日目标（BATS: MSTU）大幅上涨453.76％，Defiance每日目标2倍多头MSTR ETF（纳斯达克股票代码：MSTX）上涨了309.09％。
Both T-Rex and Defiance have hedged with inverse ETFs, but the T-Rex 2x Inverse MSTR Daily Target (MSTZ) holds only $155 million in assets.
T-rex和Defiance都使用反向交易所买卖基金进行了套期保值，但霸王龙2倍反向MSTR每日目标（MSTZ）仅持有1.55亿美元的资产。
Matthew Tuttle, manager of the T-Rex ETF, attributes this phenomenon to "The Michael Saylor effect," likening it to the influence of other high-profile CEOs like Elon Musk and Jensen Huang, reported Barron's. Tuttle acknowledges the risk, noting that from a fundamental perspective, MicroStrategy's valuation appears inflated.
巴伦周刊报道，霸王龙ETF经理马修·塔特尔将这种现象归因于 “迈克尔·塞勒效应”，将其比作埃隆·马斯克和黄延森等其他知名首席执行官的影响。塔特尔承认了这一风险，并指出，从基本面来看，微策略的估值似乎被夸大了。
Why It Matters: On Monday, MicroStrategy shares climbed 5.93% in pre-market trading before closing the session in the red. Over the weekend, Saylor revealed that the company is generating $500 million daily as Bitcoin edges closer to the $100,000 milestone.
为何重要：周一，MicroStrategy股价在盘前交易中上涨了5.93％，然后以亏损收盘。上周末，塞勒透露，随着比特币接近10万美元的里程碑，该公司每天的收入为5亿美元。
According to Benzinga Pro data, MicroStrategy has a consensus price target of $449.5 based on the ratings of 12 analysts. The high is $690 issued by BTIG on Dec. 11, 2023. The low is $140 issued by Jefferies on Nov. 10, 2022.
The average price target of $563.33 between TD Cowen, Barclays, and Benchmark implies a 41.90% upside for MicroStrategy.
根据Benzinga Pro的数据，根据12位分析师的评级，微策略的共识目标股价为449.5美元。最高点是 BTIG 于 2023 年 12 月 11 日发行的 690 美元。最低价是杰富瑞集团于2022年11月10日发行的140美元。
道明考恩、巴克莱和基准之间的平均目标股价为563.33美元，这意味着微策略的上涨空间为41.90％。
- Michael Saylor Reveals MicroStrategy Is 'Making $500M A Day' With Bitcoin: 'May Very Well Be The Most Profitable Company In The US Growing The Fastest Right Now'
- 迈克尔·塞勒透露MicroStrategy正在用比特币 “每天赚5亿美元”：“很可能会成为美国目前增长最快的盈利公司”
Photo by JOCA_PH on Shutterstock
照片由 JOCA_PH 在 Shutterstock 上拍摄
