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Benzinga
Benzinga
Business
Chandrima Sanyal

DARK SECRETS: Bitcoin weakness slams strategy these etfs took double the hit - The Real Truth

Strategy Bitcoin ETF MSTR Nasdaq Strategy Inc
MicroStrategy Stock Jump

Leveraged ETFs against Strategy Inc. (NASDAQ: MSTR) had a miserable five days when the company kept selling its own shares to fund the purchase of Bitcoin.

In the past five sessions, MSTR lost around 15%, and its leveraged ETFs plummeted as well:

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