Market Pulse: Strategy Joins SpaceX, Google, Intel as Top US Equity Issuers

Across major exchanges, strategy ranked fourth among the largest U.S.

Equity issuers in 2026 after issuing $20.9 billion in common and preferred stock, according to CEO Phong Le.

The bitcoin treasury company trailed SpaceX, Alphabet, and Intel.

(Nasdaq: MSTR) joined some of America’s largest technology companies near the top of the equity capital trading market after issuing $20.9 billion this year, according to a chart CEO Phong Le posted Sept.

The ranking reinforces the company’s goal of using bitcoin, digital credit, and equity to expand its balance sheet.

The graphic cited ECM Analytics, Dealogic, Capital IQ, and company filings among its sources.

Le’s chart placed SpaceX first at $86.3 billion, Alphabet, Google’s parent company, second at $25.7 billion, and Intel third at $23 billion.

SpaceX separately reported that its June initial public offering generated about $85.7 billion in net proceeds after underwriting commissions and offering costs, accounting for nearly all of its charted total.