📉 MSCI IS DROPPING STRATEGY
The index giant will remove Strategy, Metaplanet and Yellow Cake from its global indexes on Dec 1.
Treasury companies are being judged as funds, not operating companies.
Index funds will have to sell. Forced selling meets a weak tape.
$BTC sits near $73k while this plays out.
The treasury trade just got a lot harder. 👀
Not financial advice. #Bitcoin #Strategy
The index giant will remove Strategy, Metaplanet and Yellow Cake from its global indexes on Dec 1.
Treasury companies are being judged as funds, not operating companies.
Index funds will have to sell. Forced selling meets a weak tape.
$BTC sits near $73k while this plays out.
The treasury trade just got a lot harder. 👀
Not financial advice. #Bitcoin #Strategy