On September 15, 2026, Strategy Inc. (formerly MicroStrategy) recorded a trading volume of approximately 22.6 million shares, totaling $2.93 billion. In comparison, Morgan Stanley saw 7.9 million shares traded for a value of $1.63 billion. This activity placed MSTR as the 25th most actively traded stock in the US that session.
The market capitalization of Strategy Inc. was approximately $49.8 billion on that day, while Morgan Stanley was valued between $322 billion and $324 billion. Despite the bank's market value being over six times larger, Strategy's daily volume accounted for about 6% of its market capitalization, compared to roughly 0.5% for Morgan Stanley.
Strategy Inc. holds over 845,000 BTC with acquisition costs exceeding $63 billion, funded primarily through equity and preferred stock issuances. This strategy has resulted in high volatility, with 30-day historical volatility reaching approximately 64% in mid-2026. The company frequently ranks among the top 25 US stocks by daily trading volume.
Trading activity for MSTR has periodically surpassed other major firms, including JPMorgan, Berkshire Hathaway, and Oracle. In August 2026, volume peaked near 49 million shares. The high liquidity allows large investors to enter and exit positions, though the reliance on share issuance for Bitcoin purchases continues to influence the company's capital structure.
