Stripe Eyes $85B+ Share Sale, Boosts Crypto Presence with Bridge Acquisition

Stripe, the 15-year-old payment service provider, is reportedly considering a plan to sell employee shares, which could value the company at $85 billion or higher. This move is part of Stripe's ongoing efforts to provide liquidity opportunities for investors and employees while postponing its initial public offering (IPO).

The company has previously engaged in stock buybacks, secondary market transactions, and financing activities, bringing its valuation close to the $95 billion historical peak set during its 2021 funding round. These activities have allowed Stripe to maintain its private status while offering liquidity to stakeholders.

In other news, Stripe recently completed an $1.1 billion acquisition deal for the stablecoin infrastructure company Bridge. This acquisition is expected to accelerate Stripe's presence in the stablecoin sector, further expanding its offerings in the cryptocurrency market.

Stripe's valuation has been on the rise, with its latest funding round in 2021 valuing the company at $95 billion. The company's growth and success can be attributed to its innovative payment solutions and strategic acquisitions, such as the Bridge deal.

The company's valuation is a reflection of its strong market position and growth potential. Stripe's ability to provide liquidity opportunities for employees and investors through stock sales and other financing activities has been a key factor in its success. As the company continues to grow and expand its offerings, it will be interesting to see how its valuation evolves in the coming years.