One Morgan Stanley share costs 224,485 sats today ($186.64). That's 67% more sats than a year ago, so over the past year the stock beat holding bitcoin. Since 2019, its shareholder return has been +21% a year in dollars, faster than the money supply grew (+6.6%), and −15% a year measured in bitcoin.
What one share costs in bitcoin today ($186.64). One bitcoin is 100 million sats.
More sats per share than a year ago. Above zero means the stock beat simply holding bitcoin.
Cash the business produces per share, plus how fast that grows, since 2019. Beat new dollars (+6.6%/yr); trailed bitcoin (+1.8%/yr new supply).
$21.3 billion of revenue in the quarter to Jun 30, 2026, at that quarter's average price: ₿298,025 of the 21 million that will ever exist.

Sorted by the past year in bitcoin. Within the same window every stock is divided by the same bitcoin price, so the order matches dollars; what bitcoin adds is the line at zero: above it, the stock beat holding bitcoin.
| Company | Sats per share | Past year, ₿ | Vs 2019 avg, ₿ | Shareholder return, ₿ |
|---|---|---|---|---|
| BNY Mellon BNY | 169,627 | +84% | −78% | −18%/yr |
| Citigroup C | 149,781 | +80% | −86% | −22%/yr |
| U.S. Bancorp USB | 68,426 | +71% | −92% | −21%/yr |
| Morgan Stanley MS | 224,485 | +67% | −68% | −15%/yr |
| Visa V | 476,369 | +60% | −81% | – |
| Goldman Sachs GS | 1,072,762 | +57% | −67% | −11%/yr |
| Bank of America BAC | 64,901 | +53% | −86% | −18%/yr |
| Mastercard MA | 727,435 | +50% | −81% | −19%/yr |
| JPMorgan Chase JPM | 398,634 | +49% | −78% | −15%/yr |
| Berkshire Hathaway BRK.B | 626,150 | +47% | −81% | – |
| Charles Schwab SCHW | 115,394 | +42% | −84% | −18%/yr |
| Wells Fargo WFC | 97,112 | +42% | −88% | −17%/yr |
| American Express AXP | 372,666 | +33% | −79% | −18%/yr |
| Capital One COF | 238,233 | +32% | −83% | −19%/yr |
| BlackRock BLK | 1,282,297 | +28% | −82% | – |
Full history, charts and quarterly numbers for Morgan Stanley →