DEFIANCE’S LEVERAGED Strategy (Mstr) Exchange-Traded Funds (ETFS) experienced an increase in activity on Monday when Bitcoin (BTC) holding company’s shares fell to their 200-day average.

A record 24.33 million shares in Defiance Daily Target 2x Long MSTR ETF, Trade under Ticker MSTX, changed hands as the ETF price slipped 32% to $ 17.90, the lowest since September, according to data source trading. ETF seeks to deliver 200% of the daily percentage change in the share price of the strategy, formerly known as Microstratey.

Meanwhile, trade volume in Defiance Daily Target 2x Short Mstr Estr (SMST) spoke 51.21 million, the highest since November 24. ETF tries to deliver investment results equal to twice the inverse of the daily performance of shares in the strategy. (The net flow figure for both funds for Monday is not yet available.)

MSTR fell 16.6% Monday to his 200-day simple moving average (SMA), revising the late February low at $ 231.62, as the wider market withered the US recession fear and continued increase in Japanese Yen anti-risk. The share price has fallen 55%since he reached a highlight of $ 543 on November 21.

Strategy is the world’s largest Bitcoin holder of public notes that boast a coin stash of 499,096 BTC ($ 40.4 billion). The company began to gather BTC as a balance -related in November and has since pursued an aggressive accumulation strategy for financing purchasing with debt sales.

On Monday, the company announced a $ 21 billion dollars on the market (ATM) offering of its Serie A-Published Stock (STRK), whose revenue will mostly be used to finance fresh BTC purchases.