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
5 WAYS INDescription
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 18 exchanges and DEXs. By 24-hour volume the largest are Kraken (MSTRX/USD), LBank (MSTRX/USDT), Raydium (CLMM) (XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/?), Raydium (CLMM) (XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/SO11111111111111111111111111111111111111112), Byreal (XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/?) (CoinGecko, 2026-10-13). 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), MSTRon (Ondo Global Markets (BVI)), WTMSTR (ST0x), MSTR (Dinari). They track the same security but differ in issuer, legal structure, chain and target market.
Where to trade
18 VENUES · 24H VOL| VENUE | PAIR | VOL | SPRD |
|---|---|---|---|
| CEXKraken ↗ | MSTRX/USD | $4.3M | 0.02% |
| CEXLBank ↗ | MSTRX/USDT | $962K | 0.22% |
| DEXRaydium (CLMM) ↗ | XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/? | $903K | 0.60% |
| CEXRaydium (CLMM) ↗ | XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/SO11111111111111111111111111111111111111112 | $499K | 0.60% |
| DEXByreal | XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/? | $287K | 0.60% |
| CEXGate ↗ | MSTRX/USDT | $197K | 0.05% |
| CEXBingX ↗ | MSTRX/USDT | $77K | 0.08% |
| CEXRaydium (CLMM) ↗ | MSTRDWXMEZXDE8OSAQY3FA4RVTY5RGUMMDSMEX6U7NZ/XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ | $68K | 0.61% |
| CEXRaydium (CLMM) ↗ | XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/CBBTCF3AA214ZXHBIAZQWF4122FBYBRANDFQGW4IMIJ | $25K | 0.61% |
| CEXMeteora | XSUEG8BTPQUVJX9LVLLEGUVIXUUNGE6WMK5YZ3P3BD1/XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ | $3K | 0.63% |
| DEXOrca ↗ | XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/? | $3K | 0.65% |
| DEXOrca ↗ | XSP7XZNPVEHS1M6QFANPUGJNMDNMSLKEONANHJDXXYZ/? | $2K | 0.61% |
CoinGecko tickers · 2026-10-13 · 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