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- 🎃 Halloween is here! Four GDOGs line up! 👻
🧡 Can you spot which GDOG secretly dressed up for Halloween today?
💰 Join the fun — 3 lucky users will each win 20 USDT!
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1️⃣ Follow Gate_Square
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3️⃣ Comment with your answer
🗓️ Deadline: November 2, 2025, 16:00 UTC - 💥 Gate Square Event: #PostToWinPIGGY 💥
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Click to apply now 👉 - 📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
📅 Event Period: Oct 28 – Nov 2, 24:00 (UTC+8)
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Analysis: MicroStrategy is overvalued, but the stock price may continue to pump
According to a report by Golden Finance, Markus Thielen, the founder of 10x Research, pointed out that MicroStrategy (MSTR) stock price rose to $190 for the first time since the end of March, with a pump of 5.5% at the close. As the largest BTC listed company, MicroStrategy holds nearly $16 billion in BTC assets. Thielen mentioned that if the stock price exceeds $180, the Hedging fund with $4.6 billion in short positions may face margin replenishment pressure. In addition, strong demand for bonds may prompt MicroStrategy to raise more funds to buy BTC. He said that the strategy of borrowing to buy coins is reasonable, and the pump of the stock price may form a positive feedback loop, further pushing up the BTC price.