strategy just got dropped from the msci indexes
the final list is out and strategy, metaplanet and upexi are all marked for deletion
changes hit after the nov 30 close
that is the biggest corporate bitcoin holder losing its index wrapper in one go
passive funds tracking msci now have a mechanical reason to sell, not an opinion
bitcoin itself is at 73,838 and barely blinked, up 0.66% on the day
the vehicle gets repriced, the asset does not
my read is the forced flow is the story here, not the thesis
$BTC
the final list is out and strategy, metaplanet and upexi are all marked for deletion
changes hit after the nov 30 close
that is the biggest corporate bitcoin holder losing its index wrapper in one go
passive funds tracking msci now have a mechanical reason to sell, not an opinion
bitcoin itself is at 73,838 and barely blinked, up 0.66% on the day
the vehicle gets repriced, the asset does not
my read is the forced flow is the story here, not the thesis
$BTC
