🚨 MSCI JUST AXED STRATEGY — THE VERDICT IS IN
MSCI confirmed it: Strategy (MSTR) gets REMOVED from its global indexes at the close of Nov 30. Metaplanet is out too. 👀
Passive funds are now forced to dump ~$2.8 BILLION of MSTR — and JPMorgan warns it could hit $8.8 BILLION if other index providers follow. MSTR fell ~2.5% after hours to ~$119.
Strategy still holds 850,364 BTC — and BTC is sitting near ~$74,400, below Strategy's $75,456 average cost.
Does forced selling crush MSTR — or is this the final shakeout before the bounce? 👇
#Bitcoin #BTC #Strategy
MSCI confirmed it: Strategy (MSTR) gets REMOVED from its global indexes at the close of Nov 30. Metaplanet is out too. 👀
Passive funds are now forced to dump ~$2.8 BILLION of MSTR — and JPMorgan warns it could hit $8.8 BILLION if other index providers follow. MSTR fell ~2.5% after hours to ~$119.
Strategy still holds 850,364 BTC — and BTC is sitting near ~$74,400, below Strategy's $75,456 average cost.
Does forced selling crush MSTR — or is this the final shakeout before the bounce? 👇
#Bitcoin #BTC #Strategy