Michael Saylor Compares Bitcoin’s Financialization To Rockefeller’s Oil And Edison’s Electricity, Calls It ‘A Good Thing’
Published . Updated .
Covered by 2 outlets: Stocktwits, TradingView.
Michael Saylor, Executive Chairman at Strategy (MSTR), said that Bitcoin (BTC) is being financialized in the same way that oil and electricity have been, and that the shift will help the asset grow.
Directly affected
- MSTR Strategy-22.5% 30d
Named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust-11.5% 30d
iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story.
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLU Utilities Select Sector SPDR+1.8% 30d
Utilities Select Sector SPDR: it holds power utilities. Linked by “electricity” (power and utilities) in this story.
- COIN Coinbase Global-28.7% 30d
Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- MARA MARA Holdings-9.9% 8d
MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- RIOT Riot Platforms-47.1% 30d
Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- XOM ExxonMobil Holdings+13.4% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+15.7% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| MSTR | +7.15% | +11.26% | base | after close | after close | after close | after close |
| IBIT | +4.24% | +6.39% | base | after close | after close | after close | after close |
| USONo price data for this ticker | — | — | — | — | — | — | — |
| XLUNo price data for this ticker | — | — | — | — | — | — | — |
| COIN | +11.38% | +13.37% | base | after close | after close | after close | after close |
| MARA | +1.18% | +8.88% | base | after close | after close | after close | after close |
| RIOT | -1.41% | +13.21% | base | after close | after close | after close | after close |
| XOM | -1.45% | -2.77% | base | after close | after close | after close | after close |
| CVX | -1.54% | -2.69% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Michael Saylor Compares Bitcoin’s Financialization To Rockefeller’s Oil And Edison’s Electricity, Calls It ‘A Good Thing’ Stocktwits
Source: Stocktwits
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| COIN | three days earlier | +13.37% | final price |
| COIN | five days earlier | +11.38% | final price |
| Chevron (CVX) | three days earlier | -2.69% | final price |
| Chevron (CVX) | five days earlier | -1.54% | final price |
| iShares Bitcoin Trust ETF (IBIT) | three days earlier | +6.39% | final price |
| iShares Bitcoin Trust ETF (IBIT) | five days earlier | +4.24% | final price |
| MARA | three days earlier | +8.88% | final price |
| MARA | five days earlier | +1.18% | final price |
| MSTR | three days earlier | +11.26% | final price |
| MSTR | five days earlier | +7.15% | final price |
| RIOT | three days earlier | +13.21% | final price |
| RIOT | five days earlier | -1.41% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | -2.77% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -1.45% | final price |
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, bought Strategy (MSTR), worth $1,001 - $15,000 on 10 Aug 2026. That is 82 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Coinbase Global (COIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 57 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Coinbase Global (COIN), worth $1,001 - $15,000 on 18 Aug 2026. That is 74 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Coinbase Global (COIN), worth $1,001 - $15,000 on 10 Aug 2026. That is 82 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 17 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 61 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 17 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 38 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 59 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Nextera Energy (NEE) (jointly held), worth $15,001 - $50,000 on 2 Oct 2026. That is 29 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Nextera Energy (NEE) (jointly held), worth $15,001 - $50,000 on 14 Sep 2026. That is 47 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Kevin Hern sold Nextera Energy (NEE) (jointly held), worth $1,001 - $15,000 on 2 Sep 2026. That is 59 days before publication. Filed 25 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
United States Oil Fund (USO) on one side of this energy story
Companies tied to this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Michael Saylor Compares Bitcoin’s Financialization To Rockefeller’s Oil And Edison’s Electricity, Calls It ‘A Good Thing’.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Michael Saylor Compares Bitcoin’s Financialization To Rockefeller’s Oil And Edison’s Electricity, Calls It ‘A Good Thing’.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- XLU Select Sector Spdr Tr
In “Michael Saylor Compares Bitcoin’s Financialization To Rockefeller’s Oil And Edison’s Electricity, Calls It ‘A Good Thing’,” Select Sector Spdr Tr (XLU) is linked, with no stored direction, medium confidence. Reason on file: Utilities Select Sector SPDR: it holds power utilities. Linked by “electricity” (power and utilities) in this story
- IBIT iShares Bitcoin Trust ETF
iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Michael Saylor Compares Bitcoin’s Financialization To Rockefeller’s Oil And Edison’s Electricity, Calls It ‘A Good Thing’.” Reason on file: iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Michael Saylor Compares Bitcoin’s Financialization To Rockefeller’s Oil And Edison’s Electricity, Calls It ‘A Good Thing’.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- CVX Chevron
For “Michael Saylor Compares Bitcoin’s Financialization To Rockefeller’s Oil And Edison’s Electricity, Calls It ‘A Good Thing’,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- NEE Nextera Energy
In “Michael Saylor Compares Bitcoin’s Financialization To Rockefeller’s Oil And Edison’s Electricity, Calls It ‘A Good Thing’,” Nextera Energy (NEE) is linked, with no stored direction, medium confidence. Reason on file: NextEra Energy (electric services): power demand and prices drive utility earnings. Linked by “electricity” (power and utilities) in this story
- COP Conocophillips
For “Michael Saylor Compares Bitcoin’s Financialization To Rockefeller’s Oil And Edison’s Electricity, Calls It ‘A Good Thing’,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
How energy news reaches United States Oil Fund (USO)
The 31 Oct 2026 story “Michael Saylor Compares Bitcoin’s Financialization To Rockefeller’s Oil And Edison’s Electricity, Calls It ‘A Good Thing’” names United States Oil Fund (USO) because of Energy.
The link for United States Oil Fund (USO) is this: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
Price levels for United States Oil Fund (USO)
USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 168.83. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00. XLU traded between 39.05 and 42.88 across 20 sessions. The latest close on file is 42.56.
How solid the energy case looks
54 out of 100
“Michael Saylor Compares Bitcoin’s Financialization To Rockefeller’s Oil And Edison’s Electricity, Calls It ‘A Good Thing’” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.