Strategy Tokenizes Its Stock on Solana for Round-the-Clock Trading

Strategy Inc., formerly known as MicroStrategy, has made its stock available as a token on the Solana blockchain. The company launched a tokenized version of its shares on July 28, 2026, through Backpack Securities via the Sunrise gateway. Each token represents one real underlying share, held in custody and fully redeemable.

The result is that $MSTR now trades on Solana decentralized exchanges (DEXes) like Raydium and Jupiter around the clock, with instant settlement and zero fees on select swaps.

This is a departure from previous tokenized equity products, which were often synthetic instruments that tracked price performance without giving holders any claim to real shares. The 1:1 redemption mechanism ensures each on-chain token corresponds to a custodied share that can be redeemed for the underlying equity.