MSTX Lost 89 Percent From Its August 2024 Peak, and Friday’s Payroll Print Showed Why Leverage Decay Never Stops Quick Read – MSTX lost 45% in five sessions and 89% since launch, as its 2x daily resets compound MSTR’s Bitcoin-driven losses geometrically against holders. – STRC’s…
vidend rate climbed from 9% to 11.25% in six months, signaling the market’s growing skepticism toward MicroStrategy’s credit quality. – A surprise 172,000 payrolls print pushed the 2-year yield to a 16-month high, crashing Bitcoin 17% and triggering the cascade that hit MSTR and MSTX. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and MicroStrategy didn’t make the cut. Grab the names FREE today
If you bought Defiance Daily Target 2X Long MSTR ETF (NASDAQ:MSTX) at the open on Friday, June 5, 2026, you watched $18.10 turn into $15.54 by the close, a 14% drop in a single session. If you owned it for the week, the damage was worse. The fund opened Friday May 29 at $28.14 and closed the following Friday at $15.54, a 45% decline in five trading days.
Year to date, MSTX is down 60%. From its August 2024 launch debut around $144.40, the fund has lost 89%. The headline number on Friday was real.