# Binance MSTRUSDT Perpetual Contract Tracks Strategy Stock

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/41732
Published: 2026-10-27T12:24:21.000Z
Updated: 2026-10-27T12:24:21.000Z
Section: Investing

> The contract trades 24/7 and offers leverage of up to 10x. Open interest alone does not establish whether traders are net bearish.

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.