MSCI Decision On Strategy Due Today With $2.8 Billion At Stake
MSCI will publish its final list today and Strategy is on the removal list under new non operating company rules
Strategy itself said it expects to be excluded and it holds 850,364 Bitcoin bought at an average of $75,456
If removed passive funds must sell between $1.57 billion and $2.8 billion of MSTR shares by November 30
Risk is high removal would not force a Bitcoin sale but it would slow Strategy future Bitcoin buying
$BTC
#HotCPIDecemberHikePriced
MSCI will publish its final list today and Strategy is on the removal list under new non operating company rules
Strategy itself said it expects to be excluded and it holds 850,364 Bitcoin bought at an average of $75,456
If removed passive funds must sell between $1.57 billion and $2.8 billion of MSTR shares by November 30
Risk is high removal would not force a Bitcoin sale but it would slow Strategy future Bitcoin buying
$BTC
#HotCPIDecemberHikePriced
