Strategy Inc. Surpasses First Abu Dhabi Bank in Market Cap Amid Bitcoin Investments

Strategy Inc., formerly known as MicroStrategy, has achieved a significant milestone by surpassing the market capitalization of First Abu Dhabi Bank (FAB). As of September 25, 2026, Strategy's market cap reached $60.94 billion, exceeding FAB's $60.10 billion.

This remarkable growth is largely attributed to Strategy's aggressive investment in Bitcoin, with the company holding over 840,000 BTC. The transition to a Bitcoin treasury vehicle began in 2020 under the leadership of executive chairman Michael Saylor, who has utilized various capital markets strategies, including equity issuances and convertible debt, to fund these acquisitions.

In recent weeks, Strategy has continued its trend of Bitcoin accumulation, announcing the purchase of 1,665 BTC and repurchasing $152 million in shares. These actions reflect a dual strategy aimed at enhancing both its Bitcoin holdings and the market value of its shares.

The crossover in market capitalization highlights a growing trend where capital is being reallocated towards Bitcoin-related assets, even as traditional banks like FAB maintain substantial revenue and asset bases. The regulatory landscape is also evolving, with increased scrutiny on companies like Strategy that hold significant Bitcoin concentrations.

As the market watches closely, any future announcements regarding further Bitcoin purchases or share buybacks from Strategy could influence its stock price and overall market sentiment.