Wall Street has released its stock ranking, and a Bitcoin company has made it into the top four.
The chart CEO Phong Le posted on 9/3, citing ECM Analytics / Dealogic / Capital IQ:
Strategy (formerly MicroStrategy, ticker MSTR) has issued about $20.9 billion in common and preferred stock combined this year, ranking 4th among U.S. equity issuers.
The top three are not banks, but tech giants:
SpaceX at about $86.3 billion, Alphabet at about $25.7 billion, and Intel at about $23.0 billion.
Cointelegraph and Bitcoin.com both match these figures.
Where did the money go? Not into building factories, but into buying BTC and managing liquidity.
In the 8-K for the week of 8/24–8/30: MSTR raised a net about $602.8 million, of which about $369.7 million was used to buy Bitcoin (about 4,603 coins).
As of 8/30, holdings were about 845,050 BTC.
Note: preferred stockholders do not directly hold these coins.
As for the stock price, I just checked: Yahoo reported the U.S. market close on 9/4 at $142.80, down about 1.39%.
Coin price reference from CoinGecko: BTC about 79,969, ETH about 2,507 (around Beijing 2026-09-06 12:20).
I think this should not be read as simply "they bought a bit more coin."
It shows that the public stock market can already lift a Bitcoin balance-sheet company to a financing table on the same level as Google and Intel.
Dilution, premium, and whether MSCI will kick it out of the index (consultation deadline around 9/30) are risks sitting at the same table.
Sources: cross-checked with Bitcoin.com / Cointelegraph / Yahoo Finance.
Not investment advice.
$MSTR $BTC
The chart CEO Phong Le posted on 9/3, citing ECM Analytics / Dealogic / Capital IQ:
Strategy (formerly MicroStrategy, ticker MSTR) has issued about $20.9 billion in common and preferred stock combined this year, ranking 4th among U.S. equity issuers.
The top three are not banks, but tech giants:
SpaceX at about $86.3 billion, Alphabet at about $25.7 billion, and Intel at about $23.0 billion.
Cointelegraph and Bitcoin.com both match these figures.
Where did the money go? Not into building factories, but into buying BTC and managing liquidity.
In the 8-K for the week of 8/24–8/30: MSTR raised a net about $602.8 million, of which about $369.7 million was used to buy Bitcoin (about 4,603 coins).
As of 8/30, holdings were about 845,050 BTC.
Note: preferred stockholders do not directly hold these coins.
As for the stock price, I just checked: Yahoo reported the U.S. market close on 9/4 at $142.80, down about 1.39%.
Coin price reference from CoinGecko: BTC about 79,969, ETH about 2,507 (around Beijing 2026-09-06 12:20).
I think this should not be read as simply "they bought a bit more coin."
It shows that the public stock market can already lift a Bitcoin balance-sheet company to a financing table on the same level as Google and Intel.
Dilution, premium, and whether MSCI will kick it out of the index (consultation deadline around 9/30) are risks sitting at the same table.
Sources: cross-checked with Bitcoin.com / Cointelegraph / Yahoo Finance.
Not investment advice.
$MSTR $BTC
