MSTY is trading 3.5% up at $13.26 in pre-market, extending a strong rebound after recent volatility in the YieldMax MSTR Option Income Strategy ETF.

  • The move follows MicroStrategy’s announcement of a new Digital Credit Capital Framework and a $1 billion stock repurchase authorization.
  • A dividend hike from MSTR further supports the ETF's MSTR-linked options income strategy, which has lifted the fund in recent sessions.