Strategy Inc., formerly known as MicroStrategy, has surpassed Block Inc. in market capitalization. The company now holds the position of the 217th-largest public firm in the United States.
The valuation of Strategy Inc. is estimated between $49,4 billion and $51 billion. In comparison, the market capitalization of Block Inc. ranges from approximately $47,5 billion to $48,1 billion.
Strategy Inc. maintains significant Bitcoin reserves, holding between 761 000 and 845 000 BTC. Block Inc. holds approximately 9 032 BTC, which accounts for about 1,5% of its total enterprise value.
In mid-September, MSTR stock traded in the range of $128 to $129. The company's stock performance shows a strong correlation with Bitcoin price volatility, while Block's stock, trading under the ticker SQ, relies on traditional fintech metrics.
MicroStrategy began its Bitcoin acquisition strategy in 2020 under CEO Michael Saylor to hedge against inflation. The company recently rebranded to Strategy Inc. to reflect its dual focus on enterprise analytics software and digital asset management.
