Strategy / MicroStrategy (xStocks MSTRx)
Peers · Tokenized Stock
| TICKER | ISSUER | YIELD | vs SAV | RISK | MIN |
|---|---|---|---|---|---|
| GOOGLx | Backed / Kraken (xStocks) | PRICE | — | MEDIUM | ~$1 |
| AMZNx | Backed / Kraken (xStocks) | PRICE | — | MEDIUM | ~$1 |
| AAPLx | Backed / Kraken (xStocks) | PRICE | — | MEDIUM | ~$1 |
| COINx | Backed / Kraken (xStocks) | PRICE | — | HIGH | ~$1 |
| METAx | Backed / Kraken (xStocks) | PRICE | — | MEDIUM | ~$1 |
| MSFTx | Backed / Kraken (xStocks) | PRICE | — | MEDIUM | ~$1 |
| NVDAx | Backed / Kraken (xStocks) | PRICE | — | MEDIUM | ~$1 |
| MSTRx ◂ | Backed / Kraken (xStocks) | PRICE | — | HIGH | ~$1 |
| TSLAx | Backed / Kraken (xStocks) | PRICE | — | MEDIUM | ~$1 |
Same underlying · MicroStrategy
13 WAYS IN| TICKER | ISSUER | YIELD | vs SAV | RISK | MIN |
|---|---|---|---|---|---|
| MSTRx ◂ | Backed / Kraken (xStocks) | PRICE | — | HIGH | ~$1 |
| bMSTR | Backed Finance | PRICE | — | NOT RATED | — |
| m.MSTR | Monetae Securities, S.A. de C.V. | PRICE | — | NOT RATED | — |
| MSTRon | Ondo Global Markets (BVI) | PRICE | — | NOT RATED | — |
| MSTR.RP | BG El Salvador, S.A. de C.V. (Reality) | PRICE | — | NOT RATED | — |
| svMSTR | NexBridge | PRICE | — | — | — |
| MSTR.SW | SwarmX GmbH / Swarm | PRICE | — | NOT RATED | — |
| MSTR.BP | Trek Nexus Markets Ltd (Backpack Securities) | PRICE | — | NOT RATED | — |
| tMSTR | S01 Issuer GmbH (ST0x) | PRICE | — | NOT RATED | — |
| MSTR.SEC | Securitize (issuer of the stock token) / Securitize | PRICE | — | NOT RATED | — |
| MSTR | Dinari | PRICE | — | — | — |
| MSTR.CB | Coinbase Onchain SPV Ltd (ADGM) | PRICE | — | NOT RATED | — |
| MSTR.RH | Robinhood Assets (Jersey) Limited | PRICE | — | NOT RATED | — |
Description
ISSUER DOCS1:1 backed token tracking Strategy (MicroStrategy) — a leveraged-Bitcoin-proxy equity — on-chain. Highly volatile.
Buying · Q&A
5 QUESTIONSHow do I buy MSTRx?+
Buy on Kraken, withdraw to a Solana wallet. The issuer names these venues: Kraken, Bybit, Solana DEXs. The token runs on Solana (+Ethereum, BNB, Arbitrum, Mantle). Minimum: ~$1.
Where can I buy MSTRx?+
MSTRx trades on 20 exchanges and DEXs. By 24-hour volume the largest are LBank (MSTRX/USDT), Raydium (CLMM) (XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/?), Raydium (CLMM) (XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/SO11111111111111111111111111111111111111112), BingX (MSTRX/USDT), Gate (MSTRX/USDT) (CoinGecko, 2026-10-19). Check that the venue serves your country before you sign up.
Who can buy MSTRx?+
As Backed / xStocks states it: EU, retail investors: yes (Through the venues that list it; the token itself is freely transferable); UK, retail investors: no (Kraken lists the UK among excluded jurisdictions, with Canada and Australia); US, accredited investors: no (Not accessible to US persons, whatever the investor class); US, retail investors: no (Not accessible in the US or to US persons). The issuer has the final word; check its terms before buying.
Is owning MSTRx the same as owning MSTR shares?+
No: it is a certificate that tracks the price. With Backed / xStocks, dividends are reinvested, not paid out. There are no voting rights.
What other tokens track MSTR?+
Besides MSTRx, MSTR is available as bMSTR (Backed Finance), m.MSTR (Monetae Securities, S.A. de C.V.), MSTRon (Ondo Global Markets (BVI)), MSTR.RP (BG El Salvador, S.A. de C.V. (Reality)), svMSTR (NexBridge), MSTR.SW (SwarmX GmbH / Swarm), MSTR.BP (Trek Nexus Markets Ltd (Backpack Securities)), tMSTR (S01 Issuer GmbH (ST0x)) and more. They track the same security but differ in issuer, legal structure, chain and target market.
Where to trade
20 VENUES · 24H VOL| VENUE | PAIR | VOL | SPRD |
|---|---|---|---|
| CEXLBank ↗ | MSTRX/USDT | $468K | 0.33% |
| DEXRaydium (CLMM) ↗ | XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/? | $182K | 0.60% |
| CEXRaydium (CLMM) ↗ | XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/SO11111111111111111111111111111111111111112 | $130K | 0.60% |
| CEXBingX ↗ | MSTRX/USDT | $77K | 0.08% |
| CEXGate ↗ | MSTRX/USDT | $74K | 0.06% |
| DEXByreal | XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/? | $55K | 0.60% |
| CEXKraken ↗ | MSTRX/USD | $48K | 0.16% |
| CEXRaydium (CLMM) ↗ | MSTRDWXMEZXDE8OSAQY3FA4RVTY5RGUMMDSMEX6U7NZ/XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ | $41K | 0.61% |
| DEXHadron | XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/? | $13K | 0.65% |
| CEXRaydium (CLMM) ↗ | XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/CBBTCF3AA214ZXHBIAZQWF4122FBYBRANDFQGW4IMIJ | $8K | 0.61% |
| CEXMeteora | XSUEG8BTPQUVJX9LVLLEGUVIXUUNGE6WMK5YZ3P3BD1/XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ | $2K | 0.64% |
| DEXOrca ↗ | XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/? | $1K | 0.66% |
CoinGecko tickers · 2026-10-19 · not a recommendation of any venue — check access, fees and whether the venue serves your country.
Issuer · primary market
SUBSCRIBE / REDEEMBuy on Kraken, withdraw to a Solana wallet
Who may buy is set by the issuer — check their terms. Not investment advice.
Key facts
- Yield / return
- Price return
- Risk
- High (volatile, BTC-leveraged)
- Minimum
- ~$1
- Liquidity
- 24/5 on Kraken; 24/7 on-chain
- Custody
- Self-custody possible
- KYC
- Required
Details
- Issuer
- Backed / Kraken (xStocks)
- Type
- Tokenized Stock
- Category
- Tokenized Stocks
- Tracks
- MSTR
- Underlying ISIN
- US5949724083
- Token ISIN
- CH1436219633
- Yield source
- Strategy share-price performance
- Network
- Solana (+Ethereum, BNB, Arbitrum, Mantle)
- Jurisdiction
- Jersey / EU service (CySEC)
- AUM
- $23M
Questions
ANSWERS- Can I buy Strategy (MicroStrategy) (MSTR) as a token — and from which issuers?
- Which tokenized stocks and ETFs can I buy on Solana?
- Who issues tokenized stocks — Coinbase, Robinhood, xStocks, Ondo, Dinari and the rest compared?
- xStocks or Ondo Global Markets — which tokenized stocks should I buy, and what do I actually own?
- Do tokenized stocks pay dividends, or does the issuer keep them?