MSTR

§ 01

The read

What the panels below say, in words, and an opinion on it

Constructive

Adoption

What the data says

Holders stand at 19,017, up 1,251 (+7.0%) over 7 days and up 5,962 (+46%) over 30.
On-chain supply is 51.0K shares, up 67% over 7 days and up 139% over 30 days (92.4K minted, 62.8K burned). The underlying closed at $136.83, down 11% over 30 days, which is the market's doing rather than the chain's. The supply is worth $6.98M on chain.
The ten largest wallets hold 72% of wallet-held value, about where it was 30 days ago; whales ($100K+) hold 62%.
876 wallets a day moved the token over the last week, about the same as the week before.

What it means

Holders and on-chain supply are both rising: more shares are being brought on chain and spread across more wallets. That is the cleanest demand signal a stock token can show. The price is the underlying's business, not the chain's, so this reads as demand for the wrapper, not a call on the stock.

Concentration is steady but high: the ten largest wallets hold most of the value, so any one of them can move the price on its own.

A mechanical read of this page over the last 30 days, not advice. The rules are fixed: holders against on-chain supply, then concentration, activity and liquidity where they add something. Only the numbers move.

§ 02

Over time

Holders by day, and what the supply was worth

Holders over time

Accounts holding a balance at each day’s end · 120 days · upper bound

19,017Now-0.0%24h+7.0%7d

On-chain value over time

MSTR supply × the equity’s close · 120 days

$6.98MLatest+2.3%24h+50.2%7d

Issuance by day

MSTR minted and burned · last 120 days

+51.0KNet+140.9Kminted−89.9Kburned

Active wallets

Wallets that sent or received MSTR that day · 113 days

291Today-60.5%7d

§ 03

Holders

Top 100 of 19,017 accounts with a balance, and how the supply is spread.

Wallets by value · 18,990 wallets, $2.66M · at the 2026-10-16 close of $136.83 · pools and contracts excludedSnapshot 59m ago

Top 100 concentration94.44%Top 5 wallets: 61.60% · Top 10: 72.43%

Whale concentration61.60%Whales are 0.03% of wallets

Holder concentration

$2.66MWallet value

Top 1–5: 61.60%
Top 6–10: 10.84%
Top 11–25: 10.58%
Top 26–50: 6.12%
Top 51–100: 5.30%
Outside 100: 5.56%

Tier distribution

Tier	Wallets	% Wallets	% Value
Whale$100K+	5	0.03%	61.60%
Shark$10K–100K	18	0.09%	20.71%
Dolphin$1K–10K	86	0.45%	12.52%
Fish$100–1K	304	1.60%	3.55%
Crab$10–100	974	5.13%	1.16%
Shrimpunder $10	17,603	92.70%	0.47%

Wallet depth by threshold

≥ $101,387

≥ $50598

≥ $100413

≥ $250236

≥ $500166

≥ $1K109

≥ $10K23

≥ $100K5

≥ $1M1

1101001K10K

In DEX pools62.09%v4 PoolManager + 10 pool contracts

Top 10 wallets27.46%of supply

Everyone else10.46%18,996 wallets

010x72655b…ce11a57,320.964814.36%
020x51c728…502a7f1,571.45923.08%
030xc33acc…718a851,260.89182.47%
040xb71cf7…04b45d1,077.89532.11%
050x2f4579…e54a07731.53141.43%
060x36f4e1…c87246681.28851.34%
070xcef750…6baf46463.42990.91%
080x9f736f…acf1ae410.85200.81%
090x3ef144…8698a4257.04020.50%
100x8aeaca…7a1fbd224.99990.44%

All 100 largest holders, contracts included

#	Account	Balance	Share	Transfers
001	0x8366a3…e40951Uniswap v4 pools	23,816.7192	46.71%	1,884,758
002	0x72655b…ce11a5	7,320.9648	14.36%	2
003	0x17578c…6653ea Uniswap v3 pool MSTR/USDG ↗	3,290.6412	6.45%	80,483
004	0x70504a…c5624c Uniswap v3 pool MSTR/WETH ↗	2,769.0006	5.43%	101,643
005	0x51c728…502a7f	1,571.4592	3.08%	42,160
006	0xc33acc…718a85	1,260.8918	2.47%	3,174
007	0xb71cf7…04b45d	1,077.8953	2.11%	501
008	0x6f8dc7…787f9b Uniswap v3 pool MSTR/cbBTC ↗	829.8039	1.63%	12,985
009	0x2f4579…e54a07	731.5314	1.43%	61,981
010	0x36f4e1…c87246	681.2885	1.34%	19
011	0xcef750…6baf46	463.4299	0.91%	18,014
012	0x93af1d…b8d6de Giga v3 pool MSTR/USDG ↗	421.8128	0.83%	69,735
013	0x9f736f…acf1ae	410.8520	0.81%	31,248
014	0x3ef144…8698a4	257.0402	0.50%	90
015	0x055036…b93065 Uniswap v3 pool MSTR/WETH ↗	228.1663	0.45%	9,010
016	0x8aeaca…7a1fbd	224.9999	0.44%	7,512
017	0xf11f35…a86adb	219.2094	0.43%	14
018	0x4f6e59…83d85c	218.0069	0.43%	4,668
019	0x9b1690…6cf6d9	212.5672	0.42%	6,756
020	0x8eb62f…a8b564	174.5364	0.34%	4
021	0xeff8ac…ccb813	172	0.34%	14
022	0x6f0232…bc0f77	159.1820	0.31%	887,623
023	0x983fd8…41c1d4 Up v3 pool MSTR/USDG ↗	143.9080	0.28%	123,995
024	0xd6d48a…d6a820	140.1519	0.27%	88
025	0x29b7f8…a115bc	124.3850	0.24%	27
026	0x92d435…72f765	112.3937	0.22%	187,509
027	0xaee112…0a7753	106.1402	0.21%	25
028	0x508172…949368	102.9489	0.20%	53
029	0xe303d0…6b4cc9	89.5688	0.18%	3
030	0x859a72…2a4c13	84.8158	0.17%	7
031	0xdfa972…187fdb	69.5171	0.14%	1
032	0xadd454…a5d0d4	68.8215	0.13%	4
033	0x94290f…75f6c7	65.4242	0.13%	20
034	0x85f48a…c6cd48	60.3349	0.12%	1
035	0x71a93d…adb584	59.9288	0.12%	1
036	0xfca5ed…cd6cf7	57.9916	0.11%	29
037	0xc897f0…4ef65a	56.2463	0.11%	13
038	0x11d651…68082f	56.1942	0.11%	2
039	0x254169…e21027	52.8455	0.10%	9
040	0xf669e3…01ebd7	51.8000	0.10%	6
041	0xa3cab4…52cdbe 0x649Fee51B30dce68Eed7B356F5Ec6185e3982ADf pool GOO/MSTR ↗	48.5371	0.10%	110
042	0x91156a…51b7c9	46.9039	0.09%	30
043	0x961d74…56a274	46.8321	0.09%	3
044	0x27a354…01f8a5	46.4501	0.09%	10
045	0x29f4ac…430a0d	45.2655	0.09%	9
046	0xf2bfef…74cc3e	45.2238	0.09%	1
047	0x2c08bc…8ed111 Uniswap v3 pool MSTR/USDG ↗	45.0582	0.09%	8,546
048	0xe04fba…f5d3ec	44.8580	0.09%	10,463
049	0x441eb5…0a5401	43.1243	0.08%	35
050	0x4864db…470af7	42.9543	0.08%	11
051	0xc55cfd…589c9a	41.5679	0.08%	3
052	0x0ada3f…56ad94	40.2778	0.08%	1
053	0x800539…700064	40.1046	0.08%	293
054	0xdbcab7…6f866a	40.0362	0.08%	8
055	0x30bc91…0927f7	39.9454	0.08%	1
056	0x889c6c…607a31	39.9227	0.08%	13
057	0x58c713…1bde74	37.6376	0.07%	30
058	0x8bab57…439eb6 Ramses v3 pool MSTR/USDG ↗	37.6375	0.07%	8,314
059	0xbe778b…a30026	37.3562	0.07%	16
060	0x1bbeb8…871c0f	36.5209	0.07%	2,004
061	0x7509c3…cc04ff	36.2588	0.07%	4
062	0x424f0d…d51424	35.6158	0.07%	9,027
063	0x278d85…6ef8d2	33.4235	0.07%	59,025
064	0x6b1241…68d058	33.2073	0.07%	7,632
065	0x7af9c0…7dc730	32.1560	0.06%	1
066	0xfc0b08…a5406b	31.4860	0.06%	6
067	0x6dab26…061cd5	30.7771	0.06%	216
068	0xb472a1…c58273 Uniswap v3 pool MSTR/cbBTC ↗	29.4345	0.06%	1,585
069	0x426c8f…f1070e	29.3783	0.06%	22
070	0x303ea1…bf2f27	28.2029	0.06%	16
071	0xdf03d0…75b54a	28.0062	0.05%	9
072	0xd3afeb…16ac9e	27.4188	0.05%	30,624
073	0xf17ec3…bc6dcf	27.2122	0.05%	12
074	0xc21319…ee6c95	26.4616	0.05%	442
075	0xaa85d7…e0fe42	25.9204	0.05%	2
076	0xdb912f…62232c	25.8382	0.05%	8
077	0xbb61b2…f0d131	25.4550	0.05%	1,155
078	0x56f582…85a318	25.1273	0.05%	7
079	0xfe7e25…2b9b0d	24.9436	0.05%	2,190
080	0x442d57…0d31a5	23.7497	0.05%	3
081	0x93b3a8…c35e8e	21.4375	0.04%	5
082	0x1ecb5b…f727f8	21.1344	0.04%	6
083	0x2562f4…c4eec0	20.8016	0.04%	3
084	0xed85d9…793d3a	20.5042	0.04%	2
085	0x998253…84fdbb	20.3258	0.04%	97,604
086	0x88810a…efffa4	19.8075	0.04%	1
087	0xfcd31e…da1edd	18.7967	0.04%	2
088	0x1c6942…a0fc8d	17.4210	0.03%	187
089	0x029042…35e658	16.9098	0.03%	7
090	0xe901cc…8b33de	16.4706	0.03%	7
091	0x64c6ad…af8c4a	16.0513	0.03%	10
092	0xfff6ed…791490	15.2207	0.03%	9
093	0x6e495c…a20a64	15.1644	0.03%	4
094	0xb49a44…3e8fb3	15.0023	0.03%	2
095	0xfa4f1f…10c88a	14.7729	0.03%	6
096	0x596efa…242629	14.3662	0.03%	12
097	0x4e2304…4211b2	13.7087	0.03%	78
098	0x458543…a4ae8a	13.6828	0.03%	83
099	0x0ce3f5…b8289c	13.6167	0.03%	95
100	0xe02652…49a660	13.5074	0.03%	2

§ 04

Uniswap v4 pairs

What sits on the other side. A pool is a trading pair, not collateral.

#		Address	Pool id									Hook
001	HOARD	0xa1954…81e18	0xd69123…cec79f ↗	6.26M HOARD	$0.000025	$154.69	$24.7K	$25.3K	$17.39	—	0.100% dyn	0x4e34…a544	60,602,953

A paired token with the dot is indexed: it links to its own page with holders and holders over time. The rest are known by address and pool only.

Prices, liquidity, volume and change per DexScreener as of 2026-10-14 13:32 UTC, refreshed hourly. A pool DexScreener has not picked up shows its on-chain tick price and liquidity L instead; fees are always read from the chain.

The read

Over time

Holders over time

Uniswap v4 pairs

MSTR

The read

Adoption

Over time

Holders over time

On-chain value over time

Issuance by day

Active wallets

Holders

Holder concentration

Tier distribution

Wallet depth by threshold

Uniswap v4 pairs

On-chain value over time

Issuance by day

Active wallets

Holders

Holder concentration

Tier distribution

Wallet depth by threshold

Concentration over time · Top 10 wallets

Concentration over time · Top 10 wallets

Adoption