Michael Saylor’s company Strategy will officially be removed from MSCI indexes at the end of this month 📈 $MSTR
The company is known for buying BTC in large quantities and holding it on its balance sheet. Its removal from the indexes means that funds tracking MSCI may have to sell the stock, not the cryptocurrency itself.
If you follow $MSTR as an indicator of institutional demand for BTC, the link between the two may change after this month.
Bottom line: Watch the stock’s movements after the removal; it doesn’t necessarily mean Bitcoin is being sold.
What would you do if you held the stock when it’s removed?
#Strategy #MSCI
Tap BTC to trade
This content is for informational purposes only and is not financial advice.
Tap $MSTR to trade
$MSTR
Others have already followed you. Visit my profile and join those who read up before the news spreads.
The company is known for buying BTC in large quantities and holding it on its balance sheet. Its removal from the indexes means that funds tracking MSCI may have to sell the stock, not the cryptocurrency itself.
If you follow $MSTR as an indicator of institutional demand for BTC, the link between the two may change after this month.
Bottom line: Watch the stock’s movements after the removal; it doesn’t necessarily mean Bitcoin is being sold.
What would you do if you held the stock when it’s removed?
#Strategy #MSCI
Tap BTC to trade
This content is for informational purposes only and is not financial advice.
Tap $MSTR to trade
$MSTR
Others have already followed you. Visit my profile and join those who read up before the news spreads.
