$MSCI.US is dropping Strategy. Nobody has to sell $BTC 🏛️
From 30 Nov, Strategy leaves MSCI USA, World and ACWI.
Forced: index funds sell the stock (~$2.8B, JPMorgan estimate)
Not forced: Strategy's bitcoin
The risk is second-order: a weaker stock makes buying more BTC harder.
Public companies have already sold 108,247 BTC this year.
Who's the marginal buyer now? 👇
#BTC #Bitcoin #Strategy
From 30 Nov, Strategy leaves MSCI USA, World and ACWI.
Forced: index funds sell the stock (~$2.8B, JPMorgan estimate)
Not forced: Strategy's bitcoin
The risk is second-order: a weaker stock makes buying more BTC harder.
Public companies have already sold 108,247 BTC this year.
Who's the marginal buyer now? 👇
#BTC #Bitcoin #Strategy
