Strategy’s MSTR daily trading volume surpasses Morgan Stanley’s

Strategy Inc., the company formerly known as MicroStrategy, just outtraded one of Wall Street’s most storied banks. On September 15, 2026, MSTR shares changed hands at a pace that left Morgan Stanley’s stock behind. The numbers behind the trade Strategy recorded approximately 22.6 million shares traded that day. In dollar terms, that came to around $2.93 billion. Morgan Stanley, by comparison, saw roughly 7.9 million shares move. Its dollar volume landed near $1.63 billion. That volume made MSTR the 25th most actively traded stock in the US for the session. The size gap makes the result stranger. Strategy’s market capitalization sat at about $49.8 billion that day. Morgan Stanley’s was roughly $322 billion to $324 billion. So the bank is worth more than six times as much as Strategy. Yet the smaller company’s stock was the one traders couldn’t stop flipping. Run the math on turnover and the contrast sharpens. Strategy’s daily volume equaled roughly 6% of its entire market value. Morgan Stanley’s came to about half a percent of its own. Why MSTR trades like a Bitcoin proxy The explanation sits on Strategy’s balance sheet. The company holds over 845,000 BTC. Acquisition costs for tha...