MSCI just kicked Strategy out of its index, forcing passive funds to sell by November 30. Meanwhile, Fidelity’s third-quarter 13F filing revealed that it increased its MSTR holdings from 439,000 shares to 1.022 million shares, up 132%, with the position’s value rising from $38.2 million to $156.5 million.
Fidelity wasn’t alone: European asset management giant Amundi also increased its stake by 44%, to around 1.9 million shares.
But here’s the reality check: this 13F reflects positions as of September 30. MSTR fell 19.9% in a month, leaving Fidelity with an unrealized loss of about 21% on this position, now worth just $124 million on paper.
$BTC 73,700 is still hovering around the 73,000 mark, while MSTR closed at 122.35 yesterday.
A: Big institutions are willing to buy against the trend. The MSCI bad news is out, and 73,000 is the bottom.
B: They bought the dip at the end of September, but it was only halfway down. Even Fidelity is sitting on a 20% loss, so don’t rush to follow.
#比特币 #Strategy #富达 #MSCI
Fidelity wasn’t alone: European asset management giant Amundi also increased its stake by 44%, to around 1.9 million shares.
But here’s the reality check: this 13F reflects positions as of September 30. MSTR fell 19.9% in a month, leaving Fidelity with an unrealized loss of about 21% on this position, now worth just $124 million on paper.
$BTC 73,700 is still hovering around the 73,000 mark, while MSTR closed at 122.35 yesterday.
A: Big institutions are willing to buy against the trend. The MSCI bad news is out, and 73,000 is the bottom.
B: They bought the dip at the end of September, but it was only halfway down. Even Fidelity is sitting on a 20% loss, so don’t rush to follow.
#比特币 #Strategy #富达 #MSCI
