Strategy Surpasses Saudi National Bank in Market Capitalization

Strategy Inc., formerly known as MicroStrategy, has surpassed Saudi National Bank in market capitalization. As of October 2, 2026, Strategy's market cap sits at $63.99 billion, a step ahead of Saudi National Bank's $61.96 billion.

The move is attributed to the surge in Strategy's Bitcoin treasury, which has driven up equity value. The company's aggressive Bitcoin purchases, funded by equity and preferred-stock issuances, have contributed to its rising market cap.

Strategy's common shares (MSTR) closed at $160.50 on October 1, 2026, with a 4.84% increase from the previous day's closing price. The stock has gained roughly 30% over the past month amid continued Bitcoin accumulation and firmer digital-asset prices.