Strategy CEO Phong Le just brushed off MSCI booting them from indexes—only 3% of shares tied to MSCI, calling it "immaterial." But he's not holding back on MSCI either, saying they've been running a "multiyear campaign against digital assets" and overstepping by picking winners and losers instead of staying neutral.
Meanwhile, Strategy is sitting on 850,364 $BTC (~$59B), but with $BTC under $69k, they're staring at $5.5B in unrealized losses. Shares down 6.6% post-MSCI news, and already off 50% from 52-week highs.
Le blames the dump on $BTC weakness + macro chaos (monetary policy, trade, geopolitics). But he's still bullish long-term on crypto regs—says SEC and CFTC are setting up tokenization, stablecoins, and modernized rails regardless of who wins Congress or the White House.
On Binance hack: Le says it's a rep hit for crypto but no direct threat to Strategy since their $BTC is in cold storage with US custodians. Still, he's flagging the need for tighter security as AI evolves.
TLDR: Strategy unfazed by MSCI, bleeding on paper, but Le's doubling down on long-term crypto infrastructure play.
Meanwhile, Strategy is sitting on 850,364 $BTC (~$59B), but with $BTC under $69k, they're staring at $5.5B in unrealized losses. Shares down 6.6% post-MSCI news, and already off 50% from 52-week highs.
Le blames the dump on $BTC weakness + macro chaos (monetary policy, trade, geopolitics). But he's still bullish long-term on crypto regs—says SEC and CFTC are setting up tokenization, stablecoins, and modernized rails regardless of who wins Congress or the White House.
On Binance hack: Le says it's a rep hit for crypto but no direct threat to Strategy since their $BTC is in cold storage with US custodians. Still, he's flagging the need for tighter security as AI evolves.
TLDR: Strategy unfazed by MSCI, bleeding on paper, but Le's doubling down on long-term crypto infrastructure play.