News View Non-AMP

MicroStrategy in the News: South Korea’s NPS and New ETF MSTX Fuel Bitcoin Rally

Published by
Nidhi Kolhapur

South Korea’s National Pension Scheme (NPS), one of the world’s largest pension funds, has made a surprising strategic move. The pension giant disclosed a substantial purchase of 245,000 MicroStrategy (MSTR) shares during the second quarter as per the latest 13F filing submitted to the SEC. The MSTR stock price is up 92% year to date, while most of the gains came in the first quarter of this year.

The NPS’s total outlay for MSTR shares amounts to 46 billion won, or approximately $33.7 million. This investment represents just 0.04% of the NPS’s direct U.S. stock portfolio, highlighting a strategic allocation in a high-performing asset.

Expanding Into Crypto

In the third quarter of 2023, the NPS also made headlines by acquiring a substantial 282,673 shares of coinbase (COIN), marking its entry into the cryptocurrency sector. Since then, COIN’s share price has surged from $78 to $222 by the end of the second quarter, reflecting a remarkable 3x increase. Notably, microstrategy , known for being the largest corporate holder of Bitcoin, currently owns over 1% of the total Bitcoin supply.

New ETF on the Horizon!

Adding to the excitement, Sylvia Jablonski, CEO of Defiance ETFs, announced the SEC’s approval of MSTX, the first leveraged single-stock ETF focused on MicroStrategy. The fund, which began trading on August 15, aims to deliver 175% daily targeted exposure to MicroStrategy’s stock performance.

High-Risk, High-Reward Opportunity

MSTX offers investors a high-risk, high-reward opportunity, providing leveraged exposure to MicroStrategy’s stock and, indirectly, to Bitcoin. According to Jablonski,

“Given MicroStrategy’s inherent higher beta than Bitcoin, MSTX offers a unique opportunity for investors to maximize their leverage exposure to the Bitcoin market within an ETF wrapper.”

This ETF allows investors to gain leveraged exposure to MicroStrategy’s stock without needing a margin account, potentially amplifying both returns and risks tied to Bitcoin’s performance. However, Defiance ETFs cautions that MSTX is intended for sophisticated investors who actively manage their portfolios.

It’s a Bumpy Road Ahead

Eric Balchunas, Senior ETF Analyst at Bloomberg, recently highlighted that Defiance ETFs’ 1.75x leveraged MicroStrategy ETF ($MSTX) is poised to become one of the most volatile ETFs in the U.S. market.

Also Check Out: Crypto Regulations in South Korea 2024

With the launch of MSTX, investors now have a new avenue to gain exposure to Bitcoin, albeit with increased risk. Will it be worth it? Time will tell.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

Sonic (prev. FTM) Price Prediction 2025, 2026 – 2030: Will FTM Price Surge To $2?

Story Highlights The live price of the Sonic token is . FTM price could hit…

July 8, 2025

Crypto for 100% Gains? This $0.03 Token Has the Math on Its Side

For many investors scanning the markets this summer, price alone isn't enough. They’re looking for…

July 8, 2025

Solana Price Prediction 2025, 2026 – 2030: SOL Price Targets $500 Next?

Story Highlights Solana Price Today is . Solana coin price could reach a potential high…

July 8, 2025

Trump’s Truth Social Plans New Crypto ETF With BTC, ETH, SOL, and More

Trump Media Group, the company behind Truth Social, has filed for its first crypto exchange-traded…

July 8, 2025

Binance Coin BNB Price Prediction 2025, 2026 – 2030: Will BNB Hit New ATH?

Story Highlights Binance Coin Price Today is . The BNB price prediction anticipates a potential…

July 8, 2025

Jeremie Davinci Reveals Winning Bitcoin Strategy for 2025

Jeremie Davinci, a Bitcoin OG and well-known YouTuber who struck gold by buying BTC in…

July 8, 2025