Binance MSTRUSDT Perpetual Contract Tracks Strategy Stock

Binance’s MSTRUSDT perpetual contract tracks Strategy Inc.’s Nasdaq-listed common stock as a separate derivative. The contract trades 24/7 and offers leverage of up to 10x. Its price and open interest are separate measures of activity in the derivative market; neither is the share price itself. Open interest counts futures contracts that remain open. Aggregate long open interest equals aggregate short open interest, so the measure alone does not establish that traders are net bearish. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.