I wouldn’t panic over the $53B figure alone.
The bigger risk is forced selling of $MSTR shares if an index provider removes Strategy from major benchmarks, not Strategy suddenly dumping its Bitcoin.
MSCI already rejected its earlier proposal to exclude digital asset treasury companies in January, but it is now reviewing broader rules for non-operating companies.
That makes this a real risk to watch, but not an automatic $53B $BTC selloff.
The bigger risk is forced selling of $MSTR shares if an index provider removes Strategy from major benchmarks, not Strategy suddenly dumping its Bitcoin.
MSCI already rejected its earlier proposal to exclude digital asset treasury companies in January, but it is now reviewing broader rules for non-operating companies.
That makes this a real risk to watch, but not an automatic $53B $BTC selloff.