Exchanges· ★★★· bullish·

Strategy's market cap tops First Abu Dhabi Bank as Bitcoin bet pays off

  • —MSTR's market cap hit $60.94B versus First Abu Dhabi Bank's $60.10B
  • —Strategy holds more than 840,000 BTC as of mid-to-late 2026
  • —Shares outstanding have tripled since 2020 to fund Bitcoin purchases
  • —MSTR's market cap peaked near $128 billion in 2025
Why it matters: A Bitcoin treasury company now outranks a major Gulf bank, underscoring capital rotation into BTC-linked assets and drawing regulatory scrutiny over concentration and leverage.
Source: Crypto Briefing