Strategy (MSTR) Investor presentation summary

Index overview

• Overall Bitcoin banking adoption index: 34%; Fidelity led at 77%, followed by JPMorgan Chase at 47%, BNY at 46%, and Goldman Sachs and Morgan Stanley at 45% each.

• The index covered 25 institutions and assessed activity across Trading & Custody, Products, Margin, and Leadership; figures were approximate and based on public sources as of October 8, 2026.

Q3 score increases

• 17 updates raised scores: five Q3 developments and 12 prior-period items re-reviewed in the quarter.

• Banco Santander’s ETP trading score rose from 0 to 75 after Bitcoin-linked ETF access launched for Spanish retail clients; Lloyds rose from 0 to 75 as Bitcoin ETPs became available through Share Dealing.

• Morgan Stanley’s BTC custody score rose from 25 to 50 after E*TRADE completed its Zerohash custody rollout; Charles Schwab’s allocation score rose from 0 to 25 following published illustrative Bitcoin allocation guidance.

• Crédit Agricole’s stablecoin score rose from 50 to 75 after EURXT launched on Ethereum; its executive score also rose from 50 to 75 after a digital-assets head joined the Group Management Committee.

• Standard Chartered’s blockchain score rose from 0 to 75 following live euro-denominated cross-border client transactions on Partior.

Developments with unchanged scores

• 28 updates left scores unchanged: 21 Q3 developments and seven prior-period items re-reviewed; data as of October 8, 2026.

• Wells Fargo used Circle USDC in a Visa settlement pilot; Lloyds completed Project Agorá tokenized-deposit transactions.

• BNY launched a Digital Transfer Agency for digitally native funds; Mizuho and MUFG held stakes in the Progmat tokenization platform.

• Goldman Sachs agreed to acquire NEOS, with closing expected in 2027; Standard Chartered announced a Zodia custody acquisition, with completion unverified.