Latest updates on MSTR and purchase guide for MSTRX: Taking Gate xStocks section as an example.

As of August 25, 2025, MicroStrategy (MSTR) stock closed at 350.94 USD, with a daily rise of 3.96%. Its tokenized product MSTRX is showing active trading performance in the Gate xStocks section.

This article will analyze the latest market dynamics of MSTR and provide detailed steps for purchasing MSTRX in the Gate xStocks section.

MSTR Latest Updates and Market Performance

MicroStrategy (now renamed Strategy Incorporated), as the publicly listed company holding the most Bitcoin globally, has recently attracted attention for its market performance and may be approaching a significant milestone.

meets the inclusion criteria of the S&P 500

News on August 21, 2025, confirmed that MicroStrategy has met all the stringent requirements for inclusion in the S&P 500 index. Its market capitalization has reached $95.95 billion, far exceeding the required $8.2 billion.

In addition, its trading liquidity (with monthly trading volumes exceeding 250,000 shares for the past six months) and public shareholding requirements have also been met. More importantly, the company's latest financial report shows strong profitability.

If successful inclusion occurs, it is expected that over 10 billion USD will flow from index funds into MSTR stocks, which could provide solid support for its stock price.

The correlation between Bitcoin holdings and stock prices

MicroStrategy is regarded as a "Bitcoin bellwether" due to its continuous large-scale purchases and holdings of Bitcoin, and its stock price is closely correlated with the price movements of Bitcoin.

The company currently holds 629,376 BTC, with a total cost of 46.15 billion USD. Based on the current market price, its unrealized gains exceed 26 billion USD. On August 18, the company further increased its holdings by 430 BTC.

The options market suggests volatility

On August 21, the trading volume of MSTR put options was unusually active, especially the $200 put options expiring on August 29, with a daily trading volume of 14,541 contracts, of which 94.4% were buy orders.

The implied volatility (IV) of this option rose by 8.6% in a single day, indicating that large traders may expect increased stock price volatility in the short term or are seeking risk protection.

What is MSTRX? Why is it worth关注?

MSTRX is the tokenized representation of MicroStrategy stock, launched by the Swiss compliant asset tokenization platform Backed Finance.

The core features of MSTRX

Each MSTRX Token corresponds to a 1:1 physical stock collateral held by a regulated third-party custodian. Holding MSTRX means you gain exposure to the price volatility of MicroStrategy, but it differs from traditional stock investments:

• No shareholder rights: No voting rights or governance rights in the company.
• No direct cash dividends: The cash dividend distribution of traditional stocks does not directly apply to MSTRX (dividends are typically reflected indirectly through token value adjustments).
• Pure price exposure: The investment goal is to obtain returns from stock price fluctuations, without involving actual ownership of the company.

The advantages of MSTRX

• 24/7 All-day trading: Break the traditional stock market trading time limits.
• Fragmented investment: No need to purchase whole shares, lowering the investment threshold.
• Global Access: Users worldwide can invest without the need to open a traditional stock account.
• On-chain free circulation: can be deposited in personal wallets and participate in the DeFi ecosystem.
• USDT pricing settlement: Uniformly use USDT for transactions to avoid the troubles of fiat currency exchange rate fluctuations.

Step-by-Step Guide: How to Purchase MSTRX in the Gate xStocks Area

Gate.com is the world's first platform that supports tokenization of stock contract trading, and its xStocks section provides users with a convenient investment channel.

Step 1: Account Registration and Fund Deposit

1. Register an account: Visit Gate.com and complete the registration.
2. Recharge USDT: After logging in, go to the [Assets] - [Spot] page, select USDT and obtain the recharge address (supports multi-chain deposits). It is recommended to use the Solana or TRC-20 network to reduce fees.

Step 2: Locate MSTRX trading pair

1. Click on the 【Trading】 in the top navigation bar.
2. Select the 【xStocks Zone】.
3. Enter "MSTRX/USDT" in the search box.

Step 3: Choose the transaction type and place an order

Gate provides two main trading methods:

• Spot trading: Directly buy and sell MSTRX Token.
  • Market Order: Execute immediately at the current best market price.
  • Limit order: Set an ideal buying price and wait for the market price to reach that price for execution.
• Contract Trading (supports 1-10x leverage):
  • Going long: If you expect the MSTRX price to rise, you can choose to buy to go long.
  • Short: If you expect the price of MSTRX to decline, you can choose to sell to open a short position.

Advanced Techniques: Large traders can enter Gate's [Alpha Zone] to enjoy better liquidity and slippage control.

Step 4: Risk Management and Position Management

Whether for spot or contract trading, it is recommended to use platform tools to set take profit and stop loss, to intelligently manage risks and prevent unexpected losses caused by severe market fluctuations.

Advantages and Risks of Investing in MSTRX

potential advantages

• Efficient and convenient: Based on blockchain technology, the settlement speed is much faster than the traditional T+2 model.
• Flexible strategy: Supports leverage and short selling, providing richer hedging and speculation methods than traditional stock markets.
• Transparent and secure: The custodian bank will publish reserve proof every month to ensure that assets are sufficiently collateralized.

Risks to be aware of

• Regulatory uncertainty: Tokenized stock products (including MSTRX) are still in the early stages, and major regulatory bodies like the U.S. SEC have not clarified their legality, with potential changes in future policies.
• Liquidity risk: Except for some popular underlying assets, certain tokenized stocks may have limited trading volumes, posing a risk of insufficient liquidity.
• Difference in shareholder rights: Holding MSTRX does not grant governance rights such as voting rights of MicroStrategy shareholders.
• Technical risks: Relying on blockchain networks (such as Solana), if the network experiences interruptions or congestion, it may affect transactions and withdrawals.

Future Outlook

As MicroStrategy may be included in the S&P 500 index, its market attention will continue to rise. The MSTRX product offered in the Gate xStocks section provides global investors with an innovative way to access such assets 24/7 without the need for a traditional brokerage account.

Investment Reminder: The content of this article is for reference only and does not constitute any investment advice. The risks of investing in digital assets and tokenization stocks are relatively high. Please make investment decisions cautiously after thoroughly understanding and fully assessing your own risk tolerance.