MicroStrategy (MSTR) has been confirmed for inclusion on MSCI's exclusion list!
This is directly bearish for MicroStrategy itself. Funds tracking these indexes will generally sell their MicroStrategy shares. Although this won't force MicroStrategy to sell its BTC, its financing channels will be severely restricted.
The big showdown today: will BTC and ETH be affected by MicroStrategy?
Taking it a step further, Bitcoin could drift back toward 70,000… As for Ethereum, if its only support below at 2,000 breaks, it may have to fall back toward 1,900.
#Strategy或遭MSCI剔除，面临最高28亿美元卖盘
This is directly bearish for MicroStrategy itself. Funds tracking these indexes will generally sell their MicroStrategy shares. Although this won't force MicroStrategy to sell its BTC, its financing channels will be severely restricted.
The big showdown today: will BTC and ETH be affected by MicroStrategy?
Taking it a step further, Bitcoin could drift back toward 70,000… As for Ethereum, if its only support below at 2,000 breaks, it may have to fall back toward 1,900.
#Strategy或遭MSCI剔除，面临最高28亿美元卖盘
