Take-Two and Strategy-linked STRC join Binance Futures with 25x leverage. GTA 6 buzz and dividend hike drive interest. AlphaScala scores: TTWO 43, CAT 64, TXN 51.
Binance listed perpetual futures for Take-Two Interactive (NASDAQ: TTWO) and Strategy's STRC perpetual preferred stock on July 2. The contracts settle in USDT and support up to 25x leverage. Traders can take long or short positions through Binance Futures without opening a traditional brokerage account. The exchange also added perps for Caterpillar (CAT), Texas Instruments (TXN), Flex, Teradyne, the KraneShares SSE STAR Market 50 ETF, and Bending Spoons (BSP).
The TTWO listing arrives as excitement around Grand Theft Auto 6 builds. Take-Two shares closed Wednesday at $250.32, up 19% over the past week. Premarket trading Thursday added another 0.15%. The game is scheduled for release Nov. 19, and pre-orders have already generated significant market buzz. Binance's 25x leverage on TTWO gives crypto traders a way to bet on the GTA 6 outcome without holding the stock directly.
STRC has seen a surge in investor interest. The issuer raised its US dollar reserve to $2.55 billion and announced a buyback for MSTR common shares. It also boosted STRC's dividend to 12%. STRC shares rose 3.06% to $87.46 on Wednesday, extending weekly gains past 18%. Trading volume remained modest at around 2.7 million shares. The stock still trades below its $100 par value. That par level matters. If STRC stays below it, the company's ability to issue new shares to fund Bitcoin purchases is limited.
The other new perps cover a range of sectors. Caterpillar (CAT) scores 64 out of 100 (Moderate) on AlphaScala's system. Texas Instruments (TXN) scores 51 (Mixed). Take-Two itself scores 43 (Mixed), reflecting moderate conviction from the positioning data. Bending Spoons (BSP), the Italian app developer, recently went public via IPO and tokenized its shares through Securitize – a setup covered here. The TTWO stock page has ongoing tracking.
What would confirm the setup for TTWO? If GTA 6 pre-orders accelerate and the stock breaks above recent highs near $255, the perpetual could see volume spike. A delay or negative press would break the thesis, flushing long positions. For STRC, a return above $100 par would signal that the company can resume Bitcoin accumulation, potentially lifting the perp. Stagnation below par keeps the pressure on.
Binance's move fits a pattern of crypto exchanges offering stock exposure via perpetual swaps. The 24/7 trading and high leverage attract a different audience than traditional brokers. The next concrete marker for TTWO is the GTA 6 release date. For STRC, it is the $100 par level.
Prepared with AlphaScala research tooling and grounded in primary market data: live prices, fundamentals, SEC filings, hedge-fund holdings, and insider activity. Each story is checked against AlphaScala publishing rules before release. Educational coverage, not personalized advice.