#StrategySharesFall9%OnFriday
๐๏ธ Saylor: An MSCI Exit Would Barely Matter
๐ Oct 16: $MSTR fell 9.6% after MSCI adopted its "non-operating company" rule
๐ฃ๏ธ Oct 18: Saylor said the money tracking MSCI indexes is too small to hurt Strategy much
๐ Index funds hold about 13M shares (3.1%), less than one day's volume, per Strategy
โ ๏ธ Last year Strategy warned an exclusion could force about $2.8B of its stock to be sold
๐ Metaplanet is also on MSCI's possible-deletion list
๐ Nov 11: final list | Nov 30: rules take effect
๐ $BTC trades near $82.2K, Strategy holds 848,250 BTC
What it means for crypto: any forced selling would hit the stock, not the coins. The bigger question is whether index exits make it harder for treasury firms to raise money for more BTC.
Is Saylor right that Bitcoin should count as operating capital? ๐
$BTC
#CryptoNews #Bitcoin #MSCI #StrategySharesFall9%OnFriday
๐๏ธ Saylor: An MSCI Exit Would Barely Matter
๐ Oct 16: $MSTR fell 9.6% after MSCI adopted its "non-operating company" rule
๐ฃ๏ธ Oct 18: Saylor said the money tracking MSCI indexes is too small to hurt Strategy much
๐ Index funds hold about 13M shares (3.1%), less than one day's volume, per Strategy
โ ๏ธ Last year Strategy warned an exclusion could force about $2.8B of its stock to be sold
๐ Metaplanet is also on MSCI's possible-deletion list
๐ Nov 11: final list | Nov 30: rules take effect
๐ $BTC trades near $82.2K, Strategy holds 848,250 BTC
What it means for crypto: any forced selling would hit the stock, not the coins. The bigger question is whether index exits make it harder for treasury firms to raise money for more BTC.
Is Saylor right that Bitcoin should count as operating capital? ๐
$BTC
#CryptoNews #Bitcoin #MSCI #StrategySharesFall9%OnFriday