Michael Saylor Says Bitcoin’s Trading Power Exceeds Google, Microsoft – Even The US Navy’s Annual Spending

• Saylor made the comments on stage at Binance Blockchain Week.
• The U.S. Navy’s daily spending of roughly $706 million is far below Bitcoin’s daily trading activity.
• At the event, Saylor also told Reuters that Strategy is engaging with MSCI regarding potential exclusion.

Strategy’s (MSTR) Executive Chairman Michael Saylor on Wednesday claimed that Bitcoin (BTC) has surpassed Google (GOOG, GOOGL), Microsoft (MSFT), and even the U.S. Navy in trading power.

“Bitcoin is the foundation of economic markets — its trading power exceeds Google, Microsoft, and even the Navy’s spending power,” he said on stage at Binance Blockchain Week. “This is not rhetorical — you have advocates in the cabinet, even the head of the FBI; a president supporting this asset class, and that’s a big deal,” he added.

MSTR’s stock rose as much as 2.3% in pre-market trade as the broader cryptocurrency market recovered. Bitcoin’s price was trading around $92,800 – up 7.3% in the last 24 hours.

Bitcoin’s Trading Volume Outpaces Big Tech

Bitcoin’s average daily trading volume in 2025 has been between $20 billion and $100 billion, according to CoinMarketCap. On Wednesday, the volume stood at around $85 billion. By comparison, combined peak trading volumes for Alphabet and Microsoft rarely top $30 billion, according to Koyfin data.

Meanwhile, the U.S. Navy’s fiscal 2025 budget totals $257.6 billion annually, roughly $706 million per day, far below Bitcoin’s daily trading activity. Unlike stock volumes, which are measured in shares and multiplied by price, Bitcoin’s trading includes spot, derivatives, and over-the-counter transactions globally, highlighting the cryptocurrency’s deep liquidity.

MSTR Faces Potential MSCI Exclusion

Saylor’s comments come as Strategy faces scrutiny over possible exclusion from MSCI indices, which could impact its equity investors. Saylor confirmed to Reuters that the company is engaging with MSCI regarding the upcoming decision.

JPMorgan noted last month that exclusion from MSCI could trigger $2.8 billion in outflows for Strategy, with $8.8 billion at risk if other index providers follow suit. MSCI is set to decide by January 15 whether companies primarily investing in cryptocurrencies should remain in its indices, given their resemblance to investment funds.

MSTR’s stock has fallen around 40% this year and more than 53% in the last 12 months. Meanwhile, Bitcoin’s price is flat for the year and down 2.70% in the last 12 months.

Read also: Bitcoin Climbs Above $93,000, Wiping Out Over $400 Million In Short Bets

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