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Strategy's market cap surpasses First Abu Dhabi Bank, driven by Bitcoin holdings.

Market News
28 Sep 2026
Crypto Briefing
View Source
Bullish
Strategy's market cap surpasses First Abu Dhabi Bank, driven by Bitcoin holdings.

Strategy Inc., formerly MicroStrategy, has transformed from a mid-tier software firm into a Bitcoin treasury company with a market cap of $60.94 billion, surpassing First Abu Dhabi Bank's $60.10 billion as of September 2026. This shift was fueled by acquiring over 840,000 Bitcoin through equity and debt offerings since 2020, led by executive chairman Michael Saylor. The milestone highlights growing investor interest in Bitcoin-related assets despite traditional banks holding more assets and revenue. Strategy's approach is evolving with share buybacks and limited Bitcoin sales, while regulators monitor the risks of such concentrated Bitcoin holdings.

Strategy Inc.'s market cap surpassing First Abu Dhabi Bank provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Sep 28, 2026 15:52 WIB: out of 50 major cryptocurrencies, 8 rose and 41 fell. Notable moves include EOS rising 8.13% to Rp12.649, UNI falling 10.60% to Rp160.595, and COTI dropping 8.98% to Rp244.

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