Strategy (bStocks Tokenized Stock)

MSTRB is a tokenized representation of Strategy (formerly MicroStrategy) stock, issued under the bStocks product, which brings traditional equity exposure onto a blockchain-compatible format. It is designed for users who want access to the economic performance of Strategy shares through a digital token rather than through a conventional brokerage account. The asset targets people who prefer to hold and transfer equity-linked instruments within crypto-native infrastructure.

As a tokenized stock, MSTRB is intended to track the value of the underlying Strategy equity, with the token itself representing a claim or synthetic exposure to that share price. The records stored here do not specify which blockchain it lives on, what consensus mechanism underlies settlement, or the precise legal structure connecting the token to the actual stock. What is known is that a circulating supply of 365,333 tokens exists at a price of 140.93 USD per token, giving a market capitalization of approximately 51.5 million USD.

The stored data contains no fee stream, revenue figures, or protocol-level economics for MSTRB, which means none of the fee-based measures typically featured on this site — such as protocol revenue or fee yield — are available or applicable here. Tokenized stock products of this kind generally derive their economics from the issuer's custody, issuance, and redemption fees rather than from an on-chain fee market, but no such figures are present in the data provided. The absence of this information should be noted when comparing MSTRB with assets for which fee metrics are reported.