On June 28, 2025, Gemini launched tokenized shares of MicroStrategy (MSTR) for its European Union customers. This move allows EU investors to trade shares of the Bitcoin-focused company on the blockchain. The initiative aims to integrate traditional equities with the accessibility of crypto markets.
The tokenized MSTR shares are initially available on Arbitrum. Gemini partnered with Dinari to offer fully backed MSTR dShares. MSTR is trading at $383.88, reflecting a 3.84% increase over the past 30 days.
Financial analyst Jeff Walton noted that Strategy has a high chance of qualifying for the S&P 500, provided that Bitcoin (BTC) remains above $95,240 through the end of the second quarter. The latest trade time was Saturday, June 28, 00:15:00 UTC.