Tokenized asset

Strategy (MSTR) on U.CASH

Strategy (MSTR) is a tokenized asset on Solana issued by Backpack Securities. Each token tracks the underlying share 1:1 as a Token-2022 token and moves with Solana finality; the issuer holds pause, freeze, and delegate powers over the token. On U.CASH you can accept MSTR payments, swap it non-custodially, and hold it in your own wallet.

Straight into the app: Swap MSTR · Buy MSTR · Get UCASH with MSTR

Strategy at a glance

Ticker
MSTR
Type
Tokenized asset
Launched
2026
Block time
~400 ms

Solana mainnet. Settlement on U.CASH is non-custodial: every payment moves on-chain, direct to a wallet you control. Confirmation policy for Strategy: Solana finality (single slot).

One coin, three ways to use it

A single U Account works across accept, swap, and buy. Pick where to start.

Accept Strategy

Take MSTR in checkout alongside cards on 35 networks. White-label, non-custodial, live in minutes.

Swap Strategy

Trade MSTR for any asset across the network, routed for the best price.

Buy Strategy

Get MSTR with any asset you hold, one step, settled to your wallet.

6 forms across 4 chains, compared side by side: issuers, contracts, and ISINs.

On-chain token facts, issuer disclosures, and the public filings an investigator needs, in one place. Everything below is verified at generation time or links to the primary source.

Token supply
3,952,022,448
Mint authority
Yes (issuer)
Freeze authority
Yes (issuer)
SEC CIK
1050446
Exchange
Nasdaq

On-chain token facts

ProgramSolana Token-2022
Decimals6
ExtensionsmetadataPointer, permanentDelegate, defaultAccountState, pausableConfig, confidentialTransferMint, transferHook, scaledUiAmountConfig, tokenMetadata

Token-2022 extensions configured by the issuer. The issuer holds these powers by design; they are disclosed, not hidden.

Public filings (Strategy Inc)

Latest filings from the U.S. Securities and Exchange Commission EDGAR system, for the underlying Strategy Inc (CIK 1050446, Nasdaq). The token tracks this entity; it is not issued by it.

U.CASH reads the pool price on the token's own on-chain market, refreshed every few minutes. Open the swap for a live quote. Legal terms on the tokenized assets disclosure.

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Before you start

Getting started takes a wallet and an address. The wallet needs to hold Strategy and a little SOL for gas on its chain; the address is where the output lands, raw hex or a resolvable web3 name both work. From there the flow is preview-first: what leaves, what arrives, the fee, and the network cost all sit on one screen before a signature happens. Keys never leave your side at any point, and the only thing the wallet ever signs is the exact transaction you read.

Fees and settlement

Count the costs on one hand. On the platform side a flat 0.50% covers the swap, all-in, stated in the quote with no spread or routing cut behind the number. On the network side, gas in SOL, settling with about 400 ms blocks on Solana mainnet, shown per leg before signature. Settlement runs on-chain to your chosen address at this asset's policy, Solana finality (single slot), and from confirmation onward the balance answers to your keys alone, spendable, sendable, and settled with no platform anywhere in the path.

The route runs on the aggregated DEX route, and atomicity is the property that matters: the approved number either happens in full or the transaction reverts with nothing moved but the attempt's gas. There is no resting state between legs where value sits in someone else's hands, and a route that misses your bounds simply fails clean, ready for a fresh quote. Cheap and loud beats silent and expensive as failure modes go.

Tokenized assets price from their issuer's own feed rather than a crypto market, so the quote tracks the underlying's session, and transfer eligibility follows the issuer's on-chain rules: the contract enforces them at settlement, which is why the checkout asks buyers to confirm eligibility once. These assets are not card-buyable; acquisition runs through the swap rail, and the fee structure above applies unchanged. What the wrapper adds is exposure with wallet speed, not brokerage machinery: no deposit account, no settlement lag between deciding and holding. Holders keep the same options as any token: send it, spend it where it is accepted, or swap back out the way they came in, and every movement carries the chain's own finality with it.

Strategy FAQ

What is a MSTR tokenized asset?
It is a Token-2022 token on Solana that tracks the underlying Strategy share and is transferable under the issuer's on-chain rules.
Can anyone hold MSTR?
The token contracts enforce their own transfer compliance: transfers to or from addresses the issuer blocks revert on-chain, and the issuer can pause a token. Checkouts ask buyers to confirm they are eligible to hold tokenized assets under their local rules.
How is the MSTR price determined?
U.CASH reads the token's Solana pool price (Jupiter-routed liquidity) rather than a crypto market feed, refreshing every few minutes. Pre-IPO tokens can trade far above or below the private-market valuation of the underlying company.
Get started

Use Strategy your way

One account unlocks accept, swap, buy, and the rest of the U.CASH network across 35 networks.