SanDisk bStock Surpasses $100 Million on Binance

SanDisk bStock (SNDKB) has taken the top spot in Binance's bStocks lineup, surpassing $100 million in market capitalization. This achievement is largely attributed to the high share price of SanDisk's underlying stock, which has rallied nearly 470% in 2026. According to a recent Binance snapshot, SNDKB was trading at $1,225.79 with a circulating supply of approximately 82,975 tokens.

The market capitalization of SNDKB is calculated by multiplying its current price by its circulating token supply, which comes out to be around $101.71 million. This figure does not represent the total equity value of SanDisk Corporation, but rather the combined market value of the SNDKB tokens in circulation.

SanDisk's high share price gives SNDKB an advantage over other bStocks, such as SpaceX and Micron Technology, despite having a smaller circulating token supply. The company's strong performance has been driven by rising demand for flash storage used in artificial intelligence infrastructure, with revenue growth of 51% sequentially and 372% from the same quarter a year earlier.