MicroStrategy is a globally renowned data analytics and business intelligence company that has gained widespread attention for its long-term holding of Bitcoin. As Bitcoin’s price fluctuates, the company’s stock price closely correlates with it, becoming a representative of the intersection between cryptocurrency and traditional finance.
MSTRX is a Token used to track the MicroStrategy stock price, issued based on Solana SPL and Ethereum ERC-20 standards. This Token does not represent company shares or voting rights, but allows crypto investors to buy and sell tokenized assets corresponding to the MicroStrategy stock price on-chain, suitable for short-term operations or mid-term layouts.
The Solana version has the advantages of fast transaction speed and low fees, making it suitable for active trading users; the Ethereum version has stronger compatibility, making it easier to integrate with mainstream DeFi platforms. Overall, MSTRX supports trading around the clock, unaffected by the opening hours of traditional stock markets, and allows the use of contract leverage to enhance capital efficiency.
Gate.io recently launched the MSTRX perpetual contract, allowing users to trade long and short with USDT, supporting up to 10x leverage. Users can flexibly open and close positions, keeping up with market dynamics at any time. The platform also offers various trading incentives, including daily rewards, trading vouchers, and prize pool dividends, lowering the entry threshold.
MSTRX is highly correlated with the Bitcoin market, exhibiting significant volatility, making it suitable for investors who prefer short-term operations. The transparent and rapid on-chain capital flow enhances capital efficiency; however, the token does not represent actual equity, and the risks of leveraged trading are high, requiring careful position control.