Strategy CEO Says Wall Street Banks Are Racing For Second In Bitcoin Adoption

Strategy CEO Phong Le said Wall Street’s biggest banks are locked in a tight race for second place on the company’s Bitcoin Banking Adoption Index. According to BeInCrypto, Goldman Sachs, JPMorgan, Morgan Stanley and Citi each score within three points of one another, while Fidelity still leads the 25-bank index at 71%. The index measures Bitcoin trading, custody and product depth. Strategy, formerly MicroStrategy, put its initial score at 32% using public data through July 10. Bitcoin traded near $64,539 on Sunday, up about 1% over 24 hours, and Le said more crypto launches this year could bring greater clarity by year-end.