Strategy Inc. Overtakes Block Inc. in Market Cap as Crypto-Backed Valuations Rise
Strategy Inc., formerly MicroStrategy Incorporated, has surpassed Block Inc. in market capitalization. As of September 10, 2026, Strategy's market cap stood at approximately $51.07 billion after closing at $128.56 per share.
This achievement makes Strategy the largest company among its peers, with a significant presence in the crypto space due to its substantial holdings of Bitcoin. The company holds 845,050 BTC valued at $63.7 billion and has adopted fair-value accounting rules that tie its earnings directly to the price of Bitcoin.
Block Inc., on the other hand, operates payment and consumer-finance platforms with trailing twelve-month revenue near $25 billion, but its bitcoin position is significantly smaller compared to Strategy's massive holdings.