SK Hynix and Micron have both moved ahead of Bitcoin by market value. According to the source material, SK Hynix rose to $1.31 trillion in market capitalization, placing it 17th among global assets, while Micron climbed to $1.278 trillion. Bitcoin, by comparison, stands at about $1.261 trillion, leaving BTC ranked 19th worldwide.
Chip stocks moved past Bitcoin as memory names rallied
SK Hynix gained 6.22% on the day, lifting its valuation to $1.31 trillion. Micron jumped 8.7% by Thursday’s U.S. market close, pushing its market cap to $1.278 trillion. With both companies now above Bitcoin’s $1.261 trillion valuation, the global asset ranking shifted again, and BTC slipped lower on the table.
The source notes that SK Hynix, Micron, and Samsung are the three main suppliers of high-bandwidth memory, or HBM. That segment has become a core part of AI servers and accelerators. As AI data centers ramp up purchases, tighter memory supply and higher pricing have fed directly into stronger share prices for the leading manufacturers.
AI memory demand lifted both companies into the trillion-dollar group
Micron only crossed the $1 trillion mark for the first time in late May, when its stock surged by nearly 20% in a single session. SK Hynix has seen its share price rise by nearly 250% at one point this year. In a matter of weeks, both companies entered the trillion-dollar club and then climbed above Bitcoin, helped by continued demand around AI memory.
Bitcoin has fallen back in the global asset rankings
Bitcoin had previously moved much higher on the same list. The source says its market value once exceeded $1.3 trillion, lifting it back to ninth place globally and bringing it within less than 1% of silver. Earlier still, Bitcoin had overtaken silver and reached the eighth spot. After being passed by SK Hynix and Micron, it now sits at 19th.
These rankings compare the total market value of assets such as gold, listed companies, and cryptocurrencies on one list. Based on the latest figures in the source, two of the biggest AI memory suppliers now hold a higher valuation than Bitcoin.