The vast web of companies and securities is tied to MicroStrategy’s 601,550 Bitcoin (BTC). It spreads from its Virginia headquarters all over the world, so there are shareholder trade instruments tied to coins as far away as the Australian Stock Exchange.
According to Tickergate, retail investors own more than 99% of MicroStrategy (MSTR) common stock. However, the form of ownership varies greatly.
The most basic device is the MSTR, but there are countless funds, securities and derivatives tied to its $71 billion digital gold.
As these vehicles grow in numbers and trading venues, it is illuminated to list the amount of funds and securities investors believe to be exposed to microStrategy Bitcoin.
In fact, MicroStrategy itself is the first entity to have the claim that it does not own it entirely by BTC. Instead, they have legal ownership over their private keys and ownership to force custodians like Coinbase Prime custody and move them on behalf of BTC.
MicroStrategy Class A and b
There are 261.3 million outstanding shares of MSTR. Class A common stock.
Founder Michael Saylor has a special type of common stock; Class bClass A stocks have a 10 times voting power and are traded publicly as MSTRs. As of May 2, 2025, Saylor owns 19,616,680 of 19,640,250 outstanding Class B shares. Boosted by his 10x voting power, he has a 43.58% total voting power against businesses.
While MSTR certainly relates to being related to the company’s BTC, most people mistakenly believe that MSTR grants ownership more than the company’s BTC because it is an asset on the company’s balance sheet. This is wrong.
On the contrary, the company expressly denied the ownership of MSTR shareholders in BTC. “Ownership of common stock does not represent the ownership of Bitcoin held by the company,” he made it clear.
Despite this legal separation, MSTR prices are almost always traded compared to the company’s BTC, despite owning a share of the company’s BTC. In fact, the company itself publishes a live dashboard of its stock prices compared to MNAV’s Strategy.com HomePage, which is the price it owns BTC.
For this reason, almost all other securities associated with MicroStrategy Bitcoin use MSTR as a holding or base asset for derivative valuations, as well as the liquidity and standardity of common stocks traded on the NASDAQ exchange.
In the country, a variety of different funds hold MSTRs.
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Domestic funds exposed to MicroStrategy’s BTC price
Mutual funds America’s Growth Fund It holds approximately 3.7% of the outstanding supply of 989 million MSTR shares or MicroStrategy.
Vanguard Total Stock Market Index Fund It owns 8.16 million MSTRs.
Includes other Vanguard funds that include MSTR Vanguard Extended Market ETF (3.91 million MSTR), Vanguard Growth ETF (2.72 million MSTR), and Vanguard Information Technology ETF (1.47 million MSTR).
Investco QQQ Trust Series i It owns 5.19 million MSTRs.
Basic American Investors It owns 4.26 million MSTRs.
T‑rex 2x long mstr Daily Target etf It holds 871 million MSTRs, making it the largest owner of MSTRs among ETFs.
Rex Shares also has a bearish counterpart 2x Reverse MSTR ETFtrade MSTR derivatives.
AldeMax MSTR Options Revenue Strategy ETF It holds a basket of assets including cash, the Ministry of Finance and MSTR. We promise dividends through trading in derivatives linked to MSTR.
Defiance took advantage of long + income Similarly, it provides income through MSTR-linked derivatives, options, and leveraged strengths.
ProShares ultrapro qqq Holds 253,600 MSTR.
Other funds hold MSTRs domestically, including asset management funds Black Rock, Vanguard, Faithful, Ark Investment, Goldman Sachsand many others.
Other Funds and Derivatives
Even international funding includes MSTR Norwegian Sovereign Wealth Fund and National Bank of Canada. Additional fund managers hold client-like MSTRs Geode Capital Management, UBS, Charles Schwab, Northern Trustand Mithui Trust Holdings. There are also hedge funds and family offices that own MSTR.
In addition to these directly owned vehicles, there are also many derivatives that grant you the right to future purchases or sales of MSTR.
phone and Enter an option contractHe has financial ownership in future transactions with MSTR, including standard options in large categories and several non-standard options such as the Odd Lot and the Executive Conduly Options Awards.
Therefore, these massive MSTR options are additional securities related to MicroStrategy’s BTC, including a chain of strikes ranging from $5 to $1,080 through December 2027.
In addition to options, there are plenty of other derivatives related to MicroStrategy’s BTC. swap and Binary Options Some of these instruments. With just binary options, there are different lists across different betting markets, and there are various in-store dealers for MicroStrategy Equity Swaps.
Corporate Paper Exposure
Debtholders also trade Corporate debt It is tied to MicroStratey’s BTC. The company has a half-dozen series of mature, unresolved interest loans from 2028 to 2032.
The company also predicts that there are few scenarios where they will have to sell BTC to make profits or major repayments to these lenders. Still, bondholders trade company papers based on the company’s creditworthiness. This is, of course, linked to the value of the BTC assets.
Additionally, MicroStrategy issued three dividends Preferred Stocks:strk, strf, and strd. All of these hopes are traded in some way compared to the value of the company’s BTC.
Overseas, many international exchanges list securities related to MSTR.
International funds that derive exposure to MSTR
Canadian Toronto Stock Exchange List Harvest MicroStrategy High Income Shares ETFs He holds MSTR stock.
Exchanges in London, Paris, Italy list Leverage share +3x length MicroStrategy ETP Trade MSTR and its derivatives.
Even in London Graniteshares2x and 3 times the length and Short MicroStrategy ETPS Trade MSTR and its derivatives.
In Australia, Morningstar International shares Active ETF Keeps the MSTR.
Exchange in Amsterdam, Italy, France list Melanion Bitcoin Equities UCits ETF Keeps the MSTR.
Vaneck Crypto and Blockchain Innovators UCits ETF It is listed in London, Switzerland, Germany, Italy and France and holds MSTR. There is much more international funding to hold MSTR.
In addition to all of these funds, there are countless funds that retain exposure to the indexes that MSTR is a component.
Specifically, MSTR is a component of honor Nasdaq 100, Nasdaq Compositeand Russell 2000 In addition to other stock indexes such as indexes Russell 3000 and MSCI World Index. There are countless funds and securities associated with these indexes and their components, including MSTR.
Additionally, MicroStrategy is also making progress in the S&P 500 Inclusion qualification stage. If it wins approval this year to become a component of that stock index, thousands of additional funds will acquire indexed securities that include micro-tactics and their exposure to BTC.
