🚨 BITCOIN UNDER PRESSURE? IMPORTANT DECISION ON NOVEMBER 11 $BTC
📌 Who is at risk?
Michael Saylor’s “Strategy” (formerly “MicroStrategy”) owns 850,364 BTC. Its shares trade on Nasdaq under the ticker MSTR
📌 What’s happening?
MSCI, a company that creates stock indexes, has changed the rules for organizations whose assets consist primarily of investments. “Strategy” risks being removed from these indexes
💰 Why is this dangerous?
Funds that track MSCI indexes will have to sell shares of any company that is removed. Potential MSTR sales were previously estimated at $2.8 billion. This is a forecast, not a confirmed outflow
📅 When should we expect a reaction?
November 11 — MSCI will announce the final list. The market could react as soon as the news breaks
November 30 — The changes will take effect after the market closes. However, share sales could begin earlier
⚠️ What does this mean for BTC?
“Strategy” is not obligated to sell its bitcoins. But a drop in its share price could make it harder to raise capital for new BTC purchases and dampen sentiment in the crypto market
📊 Bottom line: the risk begins when the decision is announced, not just on November 30. The removal itself has not yet been confirmed
📌 Who is at risk?
Michael Saylor’s “Strategy” (formerly “MicroStrategy”) owns 850,364 BTC. Its shares trade on Nasdaq under the ticker MSTR
📌 What’s happening?
MSCI, a company that creates stock indexes, has changed the rules for organizations whose assets consist primarily of investments. “Strategy” risks being removed from these indexes
💰 Why is this dangerous?
Funds that track MSCI indexes will have to sell shares of any company that is removed. Potential MSTR sales were previously estimated at $2.8 billion. This is a forecast, not a confirmed outflow
📅 When should we expect a reaction?
November 11 — MSCI will announce the final list. The market could react as soon as the news breaks
November 30 — The changes will take effect after the market closes. However, share sales could begin earlier
⚠️ What does this mean for BTC?
“Strategy” is not obligated to sell its bitcoins. But a drop in its share price could make it harder to raise capital for new BTC purchases and dampen sentiment in the crypto market
📊 Bottom line: the risk begins when the decision is announced, not just on November 30. The removal itself has not yet been confirmed
