Bollcoin reported on October 22 that QCP Capital issued an analysis noting that negotiations over the Strait of Hormuz have stalled, geopolitical conflicts are heightening energy supply concerns, and the U.S. Strategic Petroleum Reserve has fallen to 283 million barrels, down 30.5% year-over-year. On AI financing risks, CoreWeave's CDS spread has risen to 1,128 basis points, far above Oracle's 300 basis points, as credit spreads in the tech sector continue to widen. South Korea's KOSPI index plunged 14.5%, its biggest drop since October 2008, with Samsung Electronics and SK Hynix shares both falling 17% to 24%. In addition, Strategy faces potential removal risk from MSCI's November index review, and its Bitcoin purchase pace has slowed.