Crypto
Strategy Surpasses Block Inc. in Market Cap, Ranks as 217th-Largest US Company
Strategy Inc., formerly known as MicroStrategy, has surpassed Block Inc. in market capitalization and now ranks as the 217th-largest public company in the United States.
The Bitcoin treasury firm's valuation sits around $49.4B to $51B, edging past Block's approximately $47.5B to $48.1B.
Strategy holds one of the largest corporate Bitcoin treasuries on the planet, with reported holdings in the range of 761,000 to 845,000 BTC.
In contrast, Block holds around 9,032 BTC, which represents roughly 1.5% of its enterprise value.