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MicroStrategy Under Pressure from MSCI
MicroStrategy could face a sell-off of its shares following the MSCI index review on Wednesday.
📉 JPMorgan previously estimated that institutional funds might be forced to sell up to $2.8 billion worth of MSTR stock.
The exclusion will not affect MicroStrategy’s existing Bitcoin holdings, but it could make future purchases of the cryptocurrency more difficult.
#StrategyMetaplanetLoseMSCIIndexMembership
$MSTR
MicroStrategy Under Pressure from MSCI
MicroStrategy could face a sell-off of its shares following the MSCI index review on Wednesday.
📉 JPMorgan previously estimated that institutional funds might be forced to sell up to $2.8 billion worth of MSTR stock.
The exclusion will not affect MicroStrategy’s existing Bitcoin holdings, but it could make future purchases of the cryptocurrency more difficult.
#StrategyMetaplanetLoseMSCIIndexMembership
$MSTR

