Can I buy Strategy (MicroStrategy) (MSTR) as a token — and from which issuers?
Yes — Strategy (MicroStrategy) exists as a token from 13 issuers in our data: MSTRx (Backed), bMSTR (Backed Finance), MSTR.RP (BG El Salvador, S.A. de C.V.), MSTR.CB (Coinbase Onchain SPV Ltd), MSTR (Dinari), m.MSTR (Monetae Securities, S.A. de C.V.), svMSTR (NexBridge), MSTRon (Ondo Global Markets) and 5 more, on 10 chains (Solana, Ethereum, BNB Chain, Arbitrum, Mantle, Base …). 1 can be bought on a market without KYC. 1 is for accredited or professional investors only. Lowest stated minimum: $1. None registers a Strategy (MicroStrategy) share in your own name — you hold a claim on the issuer, so the issuer’s structure and terms matter as much as the stock.
Strategy (MicroStrategy) shares exist as tokens from many issuers. They are not the same product: some are tracker certificates backed by a share held in custody, some are claims on a special-purpose vehicle, some are derivatives inside a broker’s app, and one or two are issued by a transfer agent on behalf of the company. They also differ in chain, in who the issuer says it offers them to, and in whether you need KYC to buy. The table lists every version we have; each row links to its own page with the issuer’s source.
Figures from our live dataset · data as of 2026-10-16 · not investment advice
| Token | Issuer | Yield / return | Minimum | KYC to buy | Chain |
|---|---|---|---|---|---|
| MSTRx Strategy / MicroStrategy (xStocks MSTRx) | Backed / Kraken (xStocks) | Price return | ~$1 | Not stated | Solana (+Ethereum, BNB, Arbitrum, Mantle) |
| bMSTR Backed MicroStrategy Inc | Backed Finance | Price return | — | No KYC on a DEX | Ethereum / Base (+5) |
| MSTR.RP MicroStrategy (Reality rMSTR) | BG El Salvador, S.A. de C.V. (Reality) | Price return | — | Not stated | Arbitrum |
| MSTR.CB Strategy Inc. (Coinbase MSTRc) | Coinbase Onchain SPV Ltd (ADGM) | Price return | — | Not stated | Base |
| MSTR Strategy Inc Class A (Dinari MSTR) | Dinari | — | — | KYC required | ethereum / base / arbitrum-one / avalanche |
| m.MSTR MSTR token by Monetae Securities, S.A. de C.V. (m.MSTR) | Monetae Securities, S.A. de C.V. | Price return | — | Not stated | — |
| svMSTR MicroStrategy Incorporated (NexBridge svMSTR) | NexBridge | — | — | Not stated | Liquid |
| MSTRon MicroStrategy (Ondo MSTRon) | Ondo Global Markets (BVI) | Price return | — | Not stated | Ethereum / BNB Chain / Hyperevm (+1) |
| MSTR.RH Strategy Inc. • Robinhood Token | Robinhood Assets (Jersey) Limited | Price return | — | Not stated | Robinhood Chain |
| tMSTR Strategy Inc (formerly MicroStrategy Incorporated) (ST0x tMSTR) | S01 Issuer GmbH (ST0x) | Price return | — | Not stated | Base / Ethereum / HyperEVM (+2) |
| MSTR.SEC Strategy Inc CET (Securitize Stocks) | Securitize (issuer of the stock token) / Securitize | Price return | — | Not stated | Solana |
| MSTR.SW Microstrategy Inc - Class A (Swarm token) | SwarmX GmbH / Swarm | Price return | — | Not stated | Polygon |
| MSTR.BP Strategy Inc (Backpack MSTR.US) | Trek Nexus Markets Ltd (Backpack Securities) | Price return | — | Not stated | Solana |
More questions
Is a MSTR token the same as owning Strategy (MicroStrategy) stock?
No. A token tracks the price, but the legal claim is on the token’s issuer — a tracker certificate, an SPV share, or a derivative — not a share in your name with a broker. Voting rights are usually not passed on; dividends are paid out, reinvested or not passed on depending on the issuer.
Where can I trade MSTR tokens?
Depends on the issuer: some trade on decentralised exchanges on their chain, some only inside the issuer’s or a partner exchange’s app. Each token’s page in the table names where it trades. The versions without KYC on the market can be bought from a self-custody wallet.
Which of them can I buy without KYC?
1 of 13 can be bought on a DEX without identity verification: bMSTR. 1 require KYC to buy. For the rest, the source does not state the secondary-market gate.