⏰ MSCI DROPS THE VERDICT ON STRATEGY IN A FEW HOURS — $2.8 BILLION ON THE LINE
MSCI posts its final index list at 5pm ET — and Strategy (MSTR) is expected to be REMOVED from the index. 👀
JPMorgan estimates passive funds would be forced to dump ~$2.8 BILLION of MSTR shares. Strategy holds 850,364 BTC — and BTC is trading near ~$74,500, BELOW Strategy's $75,456 average cost. MSTR is already down ~17% since Oct 28.
If the axe falls tonight, does BTC feel the hit — or is this the last shakeout before the bounce? 👇
#Bitcoin #BTC #Strategy
MSCI posts its final index list at 5pm ET — and Strategy (MSTR) is expected to be REMOVED from the index. 👀
JPMorgan estimates passive funds would be forced to dump ~$2.8 BILLION of MSTR shares. Strategy holds 850,364 BTC — and BTC is trading near ~$74,500, BELOW Strategy's $75,456 average cost. MSTR is already down ~17% since Oct 28.
If the axe falls tonight, does BTC feel the hit — or is this the last shakeout before the bounce? 👇
#Bitcoin #BTC #Strategy