Strategy is confirmed to be removed from MSCI. Can it still raise funds to buy crypto?
MSCI confirmed the list this morning: Strategy will be removed from its U.S. indexes at the close on November 30. This doesn’t mean the company will be forced to sell $BTC .
I think the pressure is on financing: if passive fund outflows depress its stock premium, issuing shares to buy crypto will become harder. Keep an eye on financing and actual purchases going forward—don’t treat crypto-hoarding stocks as a substitute for Bitcoin.
BTC was up 0.51% over 24 hours on Binance at 08:41; that wasn’t a post-announcement gain.
https://www.msci.com/eqb/gimi/stdindex/MSCI_Nov26_STPublicList.pdf
#比特币 #MSCI
These are my personal views and not investment advice. Are you more concerned about selling pressure on the stock, or a slowdown in crypto purchases?
MSCI confirmed the list this morning: Strategy will be removed from its U.S. indexes at the close on November 30. This doesn’t mean the company will be forced to sell $BTC .
I think the pressure is on financing: if passive fund outflows depress its stock premium, issuing shares to buy crypto will become harder. Keep an eye on financing and actual purchases going forward—don’t treat crypto-hoarding stocks as a substitute for Bitcoin.
BTC was up 0.51% over 24 hours on Binance at 08:41; that wasn’t a post-announcement gain.
https://www.msci.com/eqb/gimi/stdindex/MSCI_Nov26_STPublicList.pdf
#比特币 #MSCI
These are my personal views and not investment advice. Are you more concerned about selling pressure on the stock, or a slowdown in crypto purchases?