MSTX Falls 89% From August 2024 Peak Amid Leverage Decay and Market Volatility

The Defiance Daily Target 2X Long MSTR ETF (NASDAQ:MSTX) has lost 89% from its peak in August 2024, driven by a sharp decline in MicroStrategy's stock price amid rising yields following strong payroll data. The leveraged structure of MSTX compounds losses over time, leading to significant declines during extended downturns.

By Michael Williams Sun, June 7, 2026 at 8:45 PM GMT+3 8 min read · Yahoo Finance · June 7, 2026, 17:45 UTC

Tickers: $MSTR $MSTX

Topics: Bitcoin ETFs leverage decay market volatility MSTR

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