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Leverage Shares Introduces New MicroStrategy Leveraged ETF

Sep 27, 2024
  1. Leveraged MSTR ETP
  2. MicroStrategy’s Bitcoin Strategy and Appeal
  3. Expansion of Leverage Shares' Product Line

Leverage Shares, a well-known issuer of leveraged products, has added the MicroStrategy ETF 3X Leveraged ETF to its portfolio. The company is interested in products with both long and short positions.

Leveraged MSTR ETP

On Thursday, two products launched on the London Stock Exchange are designed to track the performance of MicroStrategy, a rapidly growing business intelligence and software company. These products stand out as the first physically share-backed 3x leveraged ETPs tied to MicroStrategy stock.

MicroStrategy’s Bitcoin Strategy and Appeal

The launch from Leverage Shares indicates a strong appetite for a MicroStrategy-backed product. MicroStrategy has garnered significant interest since adopting Bitcoin as a treasury reserve strategy and has continuously purchased Bitcoin over the last four years. The firm now holds a total of 252,220 BTC after acquiring 7,420 BTC recently. These bitcoins were purchased with proceeds from billions of dollars in convertible senior bond issuance. Thanks to these acquisitions, MSTR shares have significantly appreciated. MSTR has drawn attention with a staggering 1,363% increase over the last 1,525 days, outperforming all companies in the S&P 500.

Expansion of Leverage Shares' Product Line

Leverage Shares’ new ETP launch facilitates the expansion of cryptocurrency-focused product alternatives in Europe and the UK. The issuer has launched a total of 162 ETPs so far, which could solidify Leverage Shares’ position in the market.

Leverage Shares' new products offer investors additional opportunities to profit from MicroStrategy's stock, whether it rises or falls.

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