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MicroStrategy
Tokenized stocks › MicroStrategy › MSTRx on Solana
MSTRxon Solana
xStocks
- Token
- xStocks (Backed Finance)’s MicroStrategy token
- Network
- Solana
- Contract
- XsP7xzNPvEHS1m6qfanPUGjNmdnmsLKEoNAnHjdxxyZ
- Same company
- One of 23 tokens of MicroStrategy we read: every network and issuer
- Read
- 12 November 2026, 10:33 UTC
Supply
515,670.8238
on Solana only; circulating, from the issuer’s reserves report split by what we read on chain
Reference value
$116.82
api.backed.fi price-data (per share of the underlying), 12 November 2026, 10:32 UTC; not a tradable price
In issue on Solana
$60.24M
supply × reference value; $245.31M across 23 tokens
Share multiplier
1
ISIN US5949724083 · issuer ISIN CH1436219633
Supply, figure by figure
- On chain (total supply)
- 601,200.6963 · the mint account, slot 468,491,718
- Held by the issuer
- 70,508.6716 · api.backed.fi system wallets, balances read on chain
- Estimated in circulation here
- 515,670.8238 · this network’s part of the issuer’s reported circulating total, in proportion to what we read here less the issuer’s wallets
- Issuer’s global circulating
- 998,936.5983 · api.backed.fi proof-of-reserves, 12 November 2026, 10:22 UTC
Units: tokens with the issuer’s multiplier applied in the balance. The value above is the estimate in circulation times the reference value.
Who holds it
Holders
not given
Not published: the chain gives the twenty largest accounts, not a count. At least as many holders as are listed.
Largest holder
22.4%
of the supply on this network
19 largest together
79.9%
the Solana chain: getTokenLargestAccounts and each account’s owner, 11 November 2026, 20:24 UTC
The largest holders
| 6LY1JzAFVZsP2a2xKrtU6znQMQ5h4i7tocWdgrkZzkzF | 22.39% | |
| 2Z7zhqp1eddmHNmEqexftST6DFPWmoL4QqfgiG5uJMJx | 13.53% | |
| S7vYFFWH6BjJyEsdrPQpqpYTqLTrPRK6KW3VwsJuRaS | issuer wallet | 11.98% |
| 41Mjig92SfveWPKkqis78hF3a75cpe96n1uuVuMAdkJF | 9.64% | |
| GxTX2AURwnadbq8nQuhTTgCrpKLqeYvUhn72yGLeVH6X | 5.00% | |
| 9U76mo3WuP28s4kYJ9CMH1CiQh6Ph3r5Zg5awZM5vMQd |
What a holder holds
- Issuer
- Backed Assets (JE) Limited, Jersey
- Instrument
- a tracker certificate on the share, backed one-to-one by shares a custodian holds
- The holder’s claim
- a tracker certificate: a debt claim on the Jersey issuer, secured by the shares, under its base prospectus; not ownership of the shares
- Offered to
- not read
- Reserves
- issuer reported · the issuer’s own figure; read by us, not verified by us or, as far as we know, by anyone else
- Documents
- docs.xstocks.fi
Not read: who the token may be offered to or held by; redemption terms: who may redeem, minimum size, fees and timing; what happens to holders if the issuer fails (insolvency ranking). The issuer’s statements as we found them, not legal advice.
OFAC sanctions screening
Unknown
No exact match among the 23 addresses screened (control addresses and largest holders), but part of the set was not screened (the holder list covers 79.9% of the vault), so the result is unknown. Only the largest holders were screened, 79.9% of the supply; the rest are not, so the holder result is unknown.
4 control addresses and 19 holders screened; list OFAC SDN, published 2026-11-09.
Backing, as the issuer reports it
Shares held
999,365
at Alpaca
Tokens circulating
998,937
every network together
Shares per token
1.0004
at or above one share each
Reported
12 November 2026, 10:22 UTC
the issuer’s proof-of-reserves
The issuer’s own report, not an audit by us. Supply on this network: this network’s part of the reported circulating supply, in proportion to the supply we read here less the issuer’s wallets.
- Kind of evidence
- issuer reported · the issuer’s own figure; read by us, not verified by us or, as far as we know, by anyone else
- Verified by us
- No
- The holder’s claim
- a tracker certificate: a debt claim on the Jersey issuer, secured by the shares, under its base prospectus; not ownership of the shares
The other tokens of MicroStrategy
| Network | Token | Issuer | Supply | In issue, USD |
|---|---|---|---|---|
| BSC | MSTRB 0xe87a…6a14 | 838,529.14 | $97.97M | |
| Solana | MSTRx XsP7xz…xxyZ | 515,670.82 | $60.24M | |
| MSTRx 0xae2f…b08e |
Who controls it, read from the token
Not paused now. Read from the token 12 November 2026, 12:25 UTC.
Paused now
- tokenrunning
Authorities on the mint
- Mint authority7pt9tkctJPK7PPNQJ77GKg8ZffSF6QxoMiCFYHxrtaCj
- Pause authorityJDq14BWvqCRFNu1krb12bcRpbGtJZ1FLEakMw6FdxJNs
- Freeze authorityJDq14BWvqCRFNu1krb12bcRpbGtJZ1FLEakMw6FdxJNs
- Permanent delegate (can move or burn any balance)5aMNNLQJwAEeoemTEMkv5NVjqKwvvefRYCQ5Z67HFvEq
What the issuer can do by design
- mint and burn (minter, burner roles)
- pause (pauser role)
Where it trades on Solana
1 pool on Solana, about $656,089 of liquidity and $395,567 traded in 24 hours, as DexScreener reports them. Source: DexScreener, aggregating on-chain DEX pools on Solana, read 12 November 2026, 12:12 UTC.
Return against the reference: 0 days with both prices since snapshots began on 12 November 2026; the return against the reference is stated from 7.
Price impact by trade size (estimate)
- $1.0k
- 0.30% split across pools · 0.30% in the deepest one (cheap)
- $10.0k
- 3.0% split across pools · 3.0% in the deepest one (costly)
- $100.0k
- 23.4% split across pools · 23.4% in the deepest one (impractical)
Price impact estimated on the constant-product rule from pool depth (half of each pool’s USD liquidity per side), for one trade into the deepest pool and split across all pools by depth. Fees not included; concentrated-liquidity pools can differ either way; an aggregator’s depth at its read time.
| Pool | Price | Liquidity | 24h volume |
|---|---|---|---|
| raydium · MSTRx/SOL on Solana | $114.75 | $656.1k | $395.6k |
Not yet read for this token
- Who else holds the admin, pause, seize and metadata roles, and whether each is a multisig.
- The pools read on chain by us (today the figures above are an aggregator’s).
- How much could be sold, and at what slippage.
- Who holds it, and whether those holders are agents.
Absent here means not read yet, not found clean.