MicroStrategy leveraged ETFs are affecting both stock and the crypto markets more than in the past, the report said
The stock's premium is a sign of investor optimism about the company's future profitability and its corporate strategy, the bank said. November saw a record of almost $11 billion flow into U.S. spot bitcoin , spot ether and leveraged MicroStrategy ETFs combined, the report said, with the leveraged MSTR ETFs accounting for $3.4 billion, or almost a third, of the total.
The company founded by Michael Saylor has spent $13 billion buying bitcoin this quarter alone, the report noted.
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