MicroStrategy xStock MSTRX

What MSTRX actually is on-chain

MicroStrategy xStock is an ERC-20 deployed on Arbitrum, at contract address 0xae2f842ef90c0d5213259ab82639d5bbf649b08e. That address, not the ticker MSTRX, is what uniquely identifies this asset: anyone can deploy a second token calling itself MSTRX, but the contract is unforgeable. Verify it against www.arbiscan.io before sending funds or approving a spend.

Because it lives on Arbitrum, MSTRX is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in MSTRX itself, and secondary liquidity sits in Camelot and Uniswap pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For MSTRX the project publishes a whitepaper and an active account as @xStocksFi. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where MSTRX sits in the market

At #683, MicroStrategy xStock is in the top of the small-cap band. Books at this depth are thin enough that one sizeable market order can move the printed price by several percent and retrace within minutes, which is precisely why a single static price target makes a poor trigger — you want a condition that survives one wick. Availability is concentrated in a handful of venues and volume-based delisting is a live risk rather than a theoretical one.

CryptoPingAi is currently streaming 1 live MSTRX order book (Gate.io). That is thinner coverage than a #683 ranking would normally imply — a move on one of these books is close to the whole market for MSTRX, with no deep second venue to arbitrage it back. None of the books we see for MSTRX are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

MSTRX against its all-time high

MSTRX is 71.2% off its $462.34 high (on 2025-07-18). At this depth the arithmetic turns against a recovery narrative: getting back to the record takes 3.48x, not a rebound. The high is better read as the marker of a completed cycle than as a target — most of the holders above spot are underwater by enough that their behaviour on the way up is supply, not demand. That high was set roughly 1 years ago, recently enough that it still anchors how most current holders frame the asset.

MSTRX across its historical range

The recorded range is comparatively narrow: 4.59x between $100.65 and $462.34. Either the price history is short, or the asset is designed not to move.

MSTRX is within 32.1% of its all-time low of $100.65, printed on 2026-02-06. This is the part of a chart with no history: there is no prior trading below this level, so there is no support to reference, no volume shelf and no cost-basis cluster to lean on. Because that low is itself recent, the asset is in an active downtrend rather than sitting at an old floor — each new low invalidates the previous one as a reference.

MSTRX supply and valuation data

MicroStrategy xStock sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for MSTRX but not an audited token count. What we do have is a fully diluted valuation of $176.1 million as of 2026-05-12. That is in the top 5% of the assets tracked on this site by fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one www.arbiscan.io reports for this contract.

What kind of asset MSTRX is

MicroStrategy xStock sits in the real-world-asset category, where the token is a claim on or a representation of something held off-chain. That makes the relevant risks custodial and regulatory rather than purely market-driven: attestation quality, the identity of the custodian and the legal enforceability of redemption matter more than the chart. RWA assets also tend to move on regulatory news cycles that have nothing to do with the broader crypto tape.

CoinGecko files MSTRX under 7 categories, including Tokenized Assets, BNB Chain Ecosystem, Solana Ecosystem, Tokenized Stock, Ethereum Ecosystem. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Solana (3,129 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a MicroStrategy xStock alert that is worth receiving

MicroStrategy xStock is the ERC-20 at 0xae2f…b08e on Arbitrum — quoted on 1 venue we stream — high dated 2025-07-18 — rank #683. On this profile the condition that carries signal is a single downside threshold sized to your risk tolerance plus a volume alert.

Full alert-design method: thresholds, RSI/MACD and volume conditions →