Bitcoin Energy Consumption Now Rivals US Navy; Banks Flip to ‘Active’ Crypto Lending

By Coin Edition
28 days ago
BTC 8 READ CIN
  • The Scale: Michael Saylor states Bitcoin’s 24-gigawatt energy footprint exceeds the US Navy and Google, securing the network as the world’s “Digital Capital.”
  • The Pivot: Citing a “180-degree reversal,” Saylor claims 8 of the top 10 US banks now engage in crypto lending, ending the era of hostility.
  • The Future: Strategy (MicroStrategy) pivots to “Digital Credit,” predicting Bitcoin collateral will fix broken global money markets in 2026.

Bitcoin’s expanding economic and technical impact is drawing renewed attention after Strategy executive chairman Michael Saylor stated that the network now consumes more electricity than the U.S. Navy and surpasses the combined data-center infrastructure of Microsoft and Google.

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