Stripe has announced its latest annual tender offer, where investors purchase shares from employees. This transaction values the company at $159 billion. The investors involved include Thrive Capital, Coatue, Andreessen Horowitz, and Stripe itself.
This marks a significant increase from the company’s previous tender offer in February 2025, which valued Stripe at $91.5 billion. The new valuation represents an increase of approximately 74% over the past year.
The timing of this announcement is deliberate. It coincides with the annual letter from founders Patrick and John Collison, which highlights the company’s yearly product releases and offers insights into the global usage of its services.
For instance, Stripe reports that worldwide stablecoin payment volume doubled to around $400 billion in 2025. The company estimates that 60% of this volume comes from business-to-business payments. This growth is a key reason behind Stripe’s recent heavy investment in crypto infrastructure, including the acquisition of crypto wallet service Privy in July and the launch of its own payments blockchain, Tempo, in September. Additionally, Bridge, the stablecoin orchestration platform Stripe acquired last year, saw its volume more than quadruple.
A correction has been issued for this story. It originally stated that the global stablecoin volume was on Stripe’s network and has now been corrected.