📰 MSCI finalized rules to exclude Bitcoin treasury companies from global indexes, potentially causing $2.8 billion in outflows from Strategy. After the news broke, CryptoQuant CEO Ki Young Ju noted that analysts remain broadly bullish on MSTR, with price targets still rising.
🔥 Citi, Barclays, and B. Riley set price targets of $240, $175, and $195, respectively. Honestly, the contrast between potentially massive index-fund outflows and analysts continuing to raise their price targets is worth thinking about.
💡 Ki Young Ju believes MSCI’s decision mainly affects fund flows, and that the market has already priced it in. He instead focuses on three other metrics: MSTR’s mNAV is around 1.0x, its preferred stock STRC is holding at par, and the company has a $3.75 billion dividend reserve.
🤔 It’s not clear from price targets alone whether these metrics can offset potential outflows. What do you think matters more when evaluating MSTR right now: analysts’ price targets or these three metrics?
#MSTR #Strategy #比特币财库 #CryptoMarket
🔥 Citi, Barclays, and B. Riley set price targets of $240, $175, and $195, respectively. Honestly, the contrast between potentially massive index-fund outflows and analysts continuing to raise their price targets is worth thinking about.
💡 Ki Young Ju believes MSCI’s decision mainly affects fund flows, and that the market has already priced it in. He instead focuses on three other metrics: MSTR’s mNAV is around 1.0x, its preferred stock STRC is holding at par, and the company has a $3.75 billion dividend reserve.
🤔 It’s not clear from price targets alone whether these metrics can offset potential outflows. What do you think matters more when evaluating MSTR right now: analysts’ price targets or these three metrics?
#MSTR #Strategy #比特币财库 #CryptoMarket