Michael Saylor Claims Bitcoin Is Bigger Than Google And The US Navy Combined
Bitcoin (CRYPTO: BTC) gained fresh attention on Wednesday after Strategy executive chairman (NASDAQ: MSTR) Michael Saylor said the asset now consumes more power than the U.S. Navy and the combined infrastructure of Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL).
Washington’s Leadership Shift Sets A New Tone
Speaking at Binance Blockchain Week, Saylor said Bitcoin’s rise from speculative instrument to “digital capital” accelerated once President Donald Trump positioned himself as the “Bitcoin president” and appointed crypto-friendly officials across the federal government.
He cited Vice President Vivek Ramaswamy, Treasury Secretary Scott Bessent, SEC Chair Paul Atkins, Tulsi Gabbard, and Kelly Loeffler among those shaping a pro-digital-asset regulatory regime.
He said the shift marked a clear break from earlier administrations that discouraged banks from offering cryptocurrency services.
The new approach, he argued, has created alignment between policymakers, capital markets, and the technology sector.
Major Banks Reverse Course And Embrace Bitcoin
Saylor said the most surprising transformation came from the banking industry, which he described as historically “hostile” toward cryptocurrencies.
Within the past 12 months, he said firms including BNY Mellon
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