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 19,024, up 1,258 (+7.1%) over 7 days and up 5,969 (+46%) over 30.
On-chain supply is 50.6K shares, up 66% over 7 days and up 137% over 30 days (92.1K 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 $6.93M on chain.
The ten largest wallets hold 73% of wallet-held value, about where it was 30 days ago; whales ($100K+) hold 63%.
863 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

19,024Now-0.0%24h+7.1%7d

On-chain value over time

MSTR supply × the equity’s close · 120 days

$6.93MLatest+1.6%24h+49.2%7d

Issuance by day

MSTR minted and burned · last 120 days

+50.6KNet+140.6Kminted−89.9Kburned

Active wallets

Wallets that sent or received MSTR that day · 113 days

199Today-73.0%7d

§ 03

Holders

Top 100 of 19,024 accounts with a balance, and how the supply is spread.

Wallets by value · 18,997 wallets, $2.74M · at the 2026-10-16 close of $136.83 · pools and contracts excludedSnapshot 4h ago

Top 100 concentration94.65%Top 5 wallets: 62.80% · Top 10: 73.33%

Whale concentration62.80%Whales are 0.03% of wallets

Holder concentration

$2.74MWallet value

Top 1–5: 62.80%
Top 6–10: 10.53%
Top 11–25: 10.27%
Top 26–50: 5.97%
Top 51–100: 5.09%
Outside 100: 5.35%

Tier distribution

Tier	Wallets	% Wallets	% Value
Whale$100K+	5	0.03%	62.80%
Shark$10K–100K	18	0.09%	20.10%
Dolphin$1K–10K	86	0.45%	12.11%
Fish$100–1K	303	1.59%	3.40%
Crab$10–100	976	5.14%	1.13%
Shrimpunder $10	17,609	92.69%	0.46%

Wallet depth by threshold

≥ $101,388

≥ $50597

≥ $100412

≥ $250234

≥ $500165

≥ $1K109

≥ $10K23

≥ $100K5

≥ $1M1

1101001K10K

In DEX pools61.08%v4 PoolManager + 10 pool contracts

Top 10 wallets28.41%of supply

Everyone else10.50%19,003 wallets

010x72655b…ce11a57,320.964814.46%
020x51c728…502a7f1,775.96193.51%
030xc33acc…718a851,456.52562.88%
040xb71cf7…04b45d1,077.89532.13%
050x2f4579…e54a07788.89481.56%
060x36f4e1…c87246681.28851.35%
070x9f736f…acf1ae412.35090.81%
080xcef750…6baf46388.32340.77%
090x3ef144…8698a4257.04020.51%
100x8aeaca…7a1fbd225.00000.44%

All 100 largest holders, contracts included

#	Account	Balance	Share	Transfers
001	0x8366a3…e40951Uniswap v4 pools	23,206.6774	45.84%	1,884,079
002	0x72655b…ce11a5	7,320.9648	14.46%	2
003	0x17578c…6653ea Uniswap v3 pool MSTR/USDG ↗	3,253.4068	6.43%	80,452
004	0x70504a…c5624c Uniswap v3 pool MSTR/WETH ↗	2,749.6520	5.43%	101,613
005	0x51c728…502a7f	1,775.9619	3.51%	42,095
006	0xc33acc…718a85	1,456.5256	2.88%	3,074
007	0xb71cf7…04b45d	1,077.8953	2.13%	501
008	0x6f8dc7…787f9b Uniswap v3 pool MSTR/cbBTC ↗	816.4230	1.61%	12,971
009	0x2f4579…e54a07	788.8948	1.56%	61,885
010	0x36f4e1…c87246	681.2885	1.35%	19
011	0x9f736f…acf1ae	412.3509	0.81%	31,194
012	0xcef750…6baf46	388.3234	0.77%	17,947
013	0x93af1d…b8d6de Giga v3 pool MSTR/USDG ↗	383.7528	0.76%	69,588
014	0x3ef144…8698a4	257.0402	0.51%	90
015	0x055036…b93065 Uniswap v3 pool MSTR/WETH ↗	226.3638	0.45%	9,006
016	0x8aeaca…7a1fbd	225.0000	0.44%	7,495
017	0xf11f35…a86adb	219.2094	0.43%	14
018	0x4f6e59…83d85c	216.6887	0.43%	4,666
019	0x9b1690…6cf6d9	212.5917	0.42%	6,690
020	0x8eb62f…a8b564	174.5364	0.34%	4
021	0xeff8ac…ccb813	172	0.34%	14
022	0x6f0232…bc0f77	159.1464	0.31%	887,455
023	0xd6d48a…d6a820	140.1519	0.28%	88
024	0x983fd8…41c1d4 Up v3 pool MSTR/USDG ↗	135.9793	0.27%	123,842
025	0x29b7f8…a115bc	124.3850	0.25%	27
026	0x92d435…72f765	111.8548	0.22%	187,471
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	0.14%	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	0x800539…700064	51.2543	0.10%	284
042	0xa3cab4…52cdbe 0x649Fee51B30dce68Eed7B356F5Ec6185e3982ADf pool GOO/MSTR ↗	47.5911	0.09%	107
043	0x91156a…51b7c9	46.9039	0.09%	30
044	0x961d74…56a274	46.8321	0.09%	3
045	0x27a354…01f8a5	46.4501	0.09%	10
046	0x29f4ac…430a0d	45.2655	0.09%	9
047	0xf2bfef…74cc3e	45.2238	0.09%	1
048	0xe04fba…f5d3ec	44.7020	0.09%	10,460
049	0x441eb5…0a5401	43.1243	0.09%	35
050	0x4864db…470af7	42.9543	0.08%	11
051	0x1bbeb8…871c0f	42.4809	0.08%	2,003
052	0xc55cfd…589c9a	41.5679	0.08%	3
053	0x2c08bc…8ed111 Uniswap v3 pool MSTR/USDG ↗	41.2625	0.08%	8,529
054	0x0ada3f…56ad94	40.2778	0.08%	1
055	0xdbcab7…6f866a	40.0362	0.08%	8
056	0x30bc91…0927f7	39.9454	0.08%	1
057	0x889c6c…607a31	39.9227	0.08%	13
058	0x58c713…1bde74	37.6376	0.07%	30
059	0xbe778b…a30026	37.3562	0.07%	16
060	0xdf03d0…75b54a	37.3416	0.07%	8
061	0x6dab26…061cd5	36.3597	0.07%	215
062	0x7509c3…cc04ff	36.2588	0.07%	4
063	0x424f0d…d51424	35.6181	0.07%	9,026
064	0x8bab57…439eb6 Ramses v3 pool MSTR/USDG ↗	35.5248	0.07%	8,295
065	0x6b1241…68d058	33.2073	0.07%	7,632
066	0x7af9c0…7dc730	32.1560	0.06%	1
067	0xfc0b08…a5406b	31.4860	0.06%	6
068	0x426c8f…f1070e	29.3783	0.06%	22
069	0x303ea1…bf2f27	28.2029	0.06%	16
070	0xb472a1…c58273 Uniswap v3 pool MSTR/cbBTC ↗	28.1261	0.06%	1,576
071	0xd3afeb…16ac9e	27.4188	0.05%	30,621
072	0xf17ec3…bc6dcf	27.2122	0.05%	12
073	0xc21319…ee6c95	26.4616	0.05%	347
074	0xaa85d7…e0fe42	25.9204	0.05%	2
075	0xdb912f…62232c	25.8382	0.05%	8
076	0xbb61b2…f0d131	25.4550	0.05%	1,025
077	0x56f582…85a318	25.1273	0.05%	7
078	0x442d57…0d31a5	23.7497	0.05%	3
079	0xfe7e25…2b9b0d	23.3811	0.05%	2,181
080	0x93b3a8…c35e8e	21.4375	0.04%	5
081	0x1ecb5b…f727f8	21.1344	0.04%	6
082	0x2562f4…c4eec0	20.8016	0.04%	3
083	0xed85d9…793d3a	20.5042	0.04%	2
084	0x998253…84fdbb	20.3180	0.04%	97,598
085	0x88810a…efffa4	19.8075	0.04%	1
086	0xfcd31e…da1edd	18.7967	0.04%	2
087	0x1c6942…a0fc8d	17.4210	0.03%	187
088	0x029042…35e658	16.9098	0.03%	7
089	0xe901cc…8b33de	16.4706	0.03%	7
090	0x64c6ad…af8c4a	16.0513	0.03%	10
091	0xfff6ed…791490	15.2207	0.03%	9
092	0x6e495c…a20a64	15.1644	0.03%	4
093	0xb49a44…3e8fb3	15.0023	0.03%	2
094	0xfa4f1f…10c88a	14.7729	0.03%	6
095	0x596efa…242629	14.3662	0.03%	12
096	0x4e2304…4211b2	13.7087	0.03%	78
097	0x458543…a4ae8a	13.6828	0.03%	83
098	0x0ce3f5…b8289c	13.6167	0.03%	95
099	0xe02652…49a660	13.5074	0.03%	2
100	0x56a71d…5dbf16	13.4439	0.03%	34

§ 04

Uniswap v4 pairs

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

#		Address	Pool id									Hook
001	PLTR	0x894e1…64f2a	0xfed359…7ceb44 ↗	0.7060 PLTR	$193.06	$136.31	$2.30M	$260.23	$2.28	+1.1%	1.900%	none	88,090,113

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 2026-10-20 09:29 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