Pond Street Ledger

SMCI

Super Micro Computer. There are 217 of these tokens in existence, worth $8.3k between them. It trades.

$38.41
tracks the share
+6.30%
$1.3k
217
not shares outstanding
+4.30%
+24.10%
$24.14 – $41.63
token price, low to high

This is the contract on Robinhood Chain. Every figure on this page is derived from it and can be checked against it, which is the only reason we are comfortable publishing a page of numbers about somebody else's share price.

0xc01aa1fecec0605b13bc84874ff7256c0f5f562a

What you would actually own

A token, not a share. It tracks the price of Super Micro Computerstock, and it is a claim arranged by an issuer rather than an entry on the company's share register: no vote, no direct dividend entitlement, and a counterparty between you and the equity. The supply figure above is the honest measure of how large this actually is — 217 tokens is a different order of magnitude from the company's shares outstanding, and conflating the two is the most common mistake made about this market. The longer answer.

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