Woofun AI data shows that leveraged long ETFs associated with Strategy have declined more than 82% year-to-date, reaching their lowest levels since their 2024 listing. The 2x leveraged products MSTX and MSTU both recorded these losses, while another product, MSTP, dropped approximately 81% since its June 2025 debut. During the same period, Strategy's stock price fell about 46%, hitting a low not seen since February 2024. Since their 2024 inception, total losses for long/short leveraged ETFs tied to Strategy have surpassed 90%.