Where the tokens are
$133,728.80*in 4 tokens
Figures describe MicroStrategy shares, not any token.
Each row is one issuer’s token for MicroStrategy, with the chains it is deployed on. A bold chain is one where these wallets hold a balance. Tokens are not shares: no issuer in the registry publishes a shares-per-token ratio, so a balance is counted one per share and marked where that assumption is doing work.
Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company's enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education). Geographically, the company operates in EMEA, U.S. and Other Regions, of which maximum revenue is derived from U.S..
As the market data provider names it. Where that differs from the issuers’ name for the security, both are shown so the difference is visible.
| 0.441943*$70.09 |
MSTR | RBNH | 0.381291*$61.14 |
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MSTRon | ETHBNBSOL | 0.043696*$7.01 |
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MSTR | SOL | — |
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MSTRB | BNB | — |
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MSTR | ETHARBBASEPLUMAVAX | — |
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rMSTR | ARBMRPH | — |
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wtMSTR | BASE | — |
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Deployments come from the instrument registry, generated 2026-09-30. A chain listed here is one the issuer has deployed on, not a promise that a market exists on it.
Shorts earn 15.3%a yearFunding moves between the two sides of a perp every hour. On XYZ, the 14-day average funding has longs paying shorts 15.3% a year. Someone who holds a MSTR token and shorts the same dollar amount of this perp has offsetting price exposure, a delta-neutral position, and collects that funding while it lasts. The rate resets hourly and can flip, the short needs margin and can be liquidated in a sharp move, and a token can trade away from the share price. How funding and hedging work
Up to 10x leverage14-day average funding on XYZ · 1 market
Compare MSTR perps9 tokens from 9 issuers track MicroStrategy: Coinbase, xStocks, Robinhood, Ondo and 5 more. Between them they are deployed on 16 chains, including Base, Ethereum, BNB, Arbitrum, Solana and 11 more. Each is a separate token, so one issuer's cannot be swapped for another's except through a market.
Search, filter and sort every tokenNo. A token is a claim that its issuer defines, priced on its own market, and it can trade away from the share price. Whether it carries voting rights, dividends or a right to redeem for the share depends on the issuer, and no issuer in the registry publishes how many shares stand behind each token.
Compare how issuers structure their tokens18 vaults and pools take one of these tokens, 5 of them holding 100K or more. The highest 30-day average rate among those is 2912.2% a year, at USDC-MSTRC on base, holding 1.48M. Rates move daily and are paid on what is deposited, not promised.
See every venue for MSTR tokens1 perpetual futures market on Hyperliquid venues track MicroStrategy, with up to 10x leverage. On XYZ, the most traded, funding over the last 14 days averaged 15.3% a year, paid to shorts. A perp is a bet on the share price: it holds no token and no share.
See MSTR perp marketsMinted supply on each chain, read from the chain: it includes tokens the issuer holds unsold, so it is not what investors hold.
| Token | Chain | Supply | 24h volume | Liquidity |
|---|---|---|---|---|
| MSTRx xStocks | Ethereum | 133K | — | — |
| MSTRx xStocks | BNB | 30.95K | — | — |
| MSTRx xStocks | Arbitrum | 148.23K | — | — |
| MSTRx xStocks | Solana | 486.32K | — | — |
| MSTRx xStocks | Tron | 10K | — | — |
| MSTRx xStocks | TON | 282.12K | — | — |
| MSTRx xStocks | Mantle | 30.94K | — | — |
| MSTRx xStocks | HyperEVM | 66.8K | — | — |
| MSTRx xStocks | Ink | 66.8K | — | — |
| MSTRx xStocks | X Layer | 241.75K | — | — |
| MSTRx xStocks | Optimism | 48.16K | — | — |
| MSTRon Ondo | Ethereum | 57.94K | — | — |
| MSTRon Ondo | BNB | 132.02K | — | — |
| MSTRon Ondo | Solana | 445 | — | — |
| MSTR Backpack Securities | Solana | 4.4K | — | — |
| MSTR Robinhood | Robinhood Chain | 27.4K | — | — |
| MSTRc Coinbase | Base | 10.41K | — | — |
| MSTRB Binance bStocks | BNB | 574.05K | — | — |
| rMSTR Reality | Arbitrum | 90.85K | — | — |
| rMSTR Reality | Morph | 6 | — | — |
| wtMSTR ST0x | Base | 147.82 | — | — |
| MSTR Dinari | Ethereum | 0 | — | — |
| MSTR Dinari | Arbitrum | 6.99K | — | — |
| MSTR Dinari | Base | 218.46 | — | — |
| MSTR Dinari | Plume | 0.01 | — | — |
| MSTR Dinari | avax | — | — | — |