#StrategyMetaplanetLoseMSCIIndexMembership ๐ MSCI has just โinvitedโ Strategy ($MSTR) and Metaplanet out of its index basket effective 30/11, due to new rules targeting companies holding too many digital assets! ๐ช๐โโ๏ธ
Labeled โnon-operating companies,โ Michael Saylor angrily called it discrimination, while MSTR and Metaplanet shares both slipped about 2.6%. Being removed means passive funds tracking the index may be forced to sell off their holdings (estimated at up to billions of USD) before the 30/11 deadline, putting short-term psychological pressure on
$BTC .
๐ก What should traders do?
Donโt panic-sell! This is just a portfolio rebalancing, not a delisting. Manage leverage carefully and monitor volatility around 30/11 for opportunities! ๐ก๏ธ
โ ๏ธ This is not financial advice.
๐ Click to trade below and support me:
$BTC $MSTRB $AGT #strategy #Metaplanet #MSCI #CryptoNews
#VINHTOCDO