While the price was not officially disclosed, the deal is valued at more than $8 billion and was funded primarily with stock.
The company is positioning itself as a primary financial layer for the artificial intelligence industry, noting that 88% of the Forbes AI 50—including leaders like OpenAI and Anthropic—now build on its infrastructure.
Revenue from AI and cryptocurrency firms has more than doubled over the past year.
Stripe argues that remaining a private company is the best strategy for this period of growth, as it allows the firm to fund large acquisitions and long-term projects without the immediate pressures or dilution typical of public markets.
This strategy suggests that a Stripe initial public offering (IPO), or the first sale of stock to the public, remains on indefinite hold despite the company's $159 billion valuation.
To further consolidate its market position, Stripe is reportedly pursuing a $53 billion acquisition of PayPal in partnership with Advent International.
The company continues to increase its scale, processing $1.9 trillion in total payment volume in 2025, while maintaining a lower share count than it had three years ago.