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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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- 🚀 Gate Square Creator Spark Program is Live!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
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📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
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10x Research: The stock price of Strategy is far below its peak, indicating that investor enthusiasm is waning.
BlockBeats News: On May 26, CoinDesk reported that 10x Research is bullish on put options on Strategy (MSTR) as the Nasdaq-listed bitcoin holding company's share price diverged from the rising bitcoin price. In a note sent to clients, 10x Research recommended a put spread strategy for MSTR by buying a put option with a strike price of $370 and selling a put option with a strike price of $300, both expiring on June 27. "This deal reflects a widening disconnect between Bitcoin's strong performance and MicroStrategy's weakening momentum and volatility." Explaining the bearish spread strategy, Markus Thielen, founder of 10x Research, said, "Despite Bitcoin's all-time highs, the MSTR share price is still well below its peak, suggesting that investor enthusiasm is waning."