Introducing Tokenized Strategy Inc. ($MSTR)

Backpack introduces tokenized Strategy Inc. ($MSTR) on Solana. Each $MSTR token is tradable 24/7 and redeemable 1:1 for a real share of Strategy Inc. (Nasdaq: MSTR) through Backpack Securities.

Token details

About Strategy Inc.

Strategy Inc. (Nasdaq: MSTR) is the world's first and largest Bitcoin Treasury company and the largest independent, publicly traded business intelligence company. Headquartered in Tysons Corner, Virginia, the company rebranded from MicroStrategy to Strategy in February 2025. Strategy provides AI-powered enterprise analytics software to thousands of global customers and has adopted Bitcoin as its primary treasury reserve asset. As of July 26, 2026, Strategy held 843,775 BTC acquired at a cumulative cost of approximately $63.69 billion

Moving between $MSTR and traditional MSTR shares

$MSTR and traditional Strategy Inc. (Nasdaq: MSTR) shares are convertible 1:1 through Backpack Exchange. The flow works the same way as depositing or withdrawing a stablecoin.

• Withdraw an MSTR share from Backpack Exchange to tokenize it into $MSTR on Solana.
• Deposit $MSTR from a Solana wallet to Backpack Exchange to convert it back into the underlying MSTR share held in Backpack Securities.

How to trade $MSTR

You can trade Backpack-issued $MSTR on Solana using Backpack Wallet.

$MSTR is also accessible across the Solana ecosystem, including decentralized exchanges, aggregators, wallets, and apps such as Backpack, fomo, Titan, Jupiter, Phantom, Solflare, Raydium, Kamino, and others.

Unlike most tokenized stocks that only track a price, tokenized securities issued by Backpack, including $MSTR, are:

• Redeemable 1:1 for real underlying shares
• Transferable to traditional brokerages after redemption
• Tradable across both Solana and Nasdaq

Strategy's Q2 2026 earnings

Strategy reports Q2 2026 earnings on Thursday, July 30, 2026, after market close, followed by a live video webinar at 5:00 PM ET. ‍

Because Strategy holds 843,775 BTC on its balance sheet, MSTR trades as one of the primary bitcoin-linked equity exposures in the US market, and quarterly results can move in step with bitcoin price action across the period.

With $MSTR on Solana, holders can react to the release immediately, without waiting for Nasdaq to reopen. Track the full schedule on Backpack's Earnings Calendar.

The descriptions provided herein are for informational purposes only. For details, please see the Backpack Securities Terms of Service, available in the User Agreement.