MicroStrategy CEO: Wall Street’s Biggest Banks are Locked in a Tight Bitcoin Race

The article says MicroStrategy executive chairman Michael Saylor and CEO Phong Le are highlighting a new Bitcoin Banking Adoption Index that ranks 25 major banks on Bitcoin trading, custody, and related product depth. Fidelity leads decisively at 71%, while BNY is second at 46% and Goldman Sachs is close behind at 45%. JPMorgan, Morgan Stanley, and Citigroup are all clustered around 43%, underscoring a tight race for second place among Wall Street banks. The piece frames this as evidence that institutional Bitcoin adoption is accelerating, but remains early and uneven. It also notes that several banks are developing crypto initiatives, including possible ETPs, custody expansion, and tokenization tools, which could improve their rankings by year-end. Bitcoin itself was trading near $64,539, up about 1% on the day, though the index is intended to measure structural adoption rather than short-term price action.