😎 The pinnacle of “doing nothing and still earning”: a strategy generating huge profits of $19.53 billion just by sitting back and holding Bitcoin! ₿🚀
Software revenue was only $125.4 million (down 3%), but thanks to new accounting rules, the massive increase in Bitcoin’s book value helped Strategy report quarterly net income of $19.53 billion! However, MSCI announced that it will remove MSTR from its index family after 30/11, viewing the company as more like an investment fund than an operating business.
💡 Analysis and actions for traders:
• Funds tracking MSCI that hold around 13 million MSTR shares (3.1%) may have to sell, putting short-term pressure on MSTR’s price and partially limiting its ability to raise funds to buy BTC.
• But Strategy isn’t required to sell its BTC! Traders, there’s no need to panic and sell en masse because of the news; watch for volatility at the end of November for a good buying opportunity.
⚠️ This is not financial advice.
👇 Click the trades below to support me: $BTC
BTC
71,583.97
-3.86%
$MSTRB
MSTRB
114.63
-6.15%
$AGT
AGTUSDT
Perpetual
0.06752
-9.51%
#MSCIRemovalMayCurbStrategy’sBitcoinBuying #earningsseason #VINHTOCDO #بيتكوين
#strategy #أخبار_العملات_المشفرة #MarketUpdate
Software revenue was only $125.4 million (down 3%), but thanks to new accounting rules, the massive increase in Bitcoin’s book value helped Strategy report quarterly net income of $19.53 billion! However, MSCI announced that it will remove MSTR from its index family after 30/11, viewing the company as more like an investment fund than an operating business.
💡 Analysis and actions for traders:
• Funds tracking MSCI that hold around 13 million MSTR shares (3.1%) may have to sell, putting short-term pressure on MSTR’s price and partially limiting its ability to raise funds to buy BTC.
• But Strategy isn’t required to sell its BTC! Traders, there’s no need to panic and sell en masse because of the news; watch for volatility at the end of November for a good buying opportunity.
⚠️ This is not financial advice.
👇 Click the trades below to support me: $BTC
BTC
71,583.97
-3.86%
$MSTRB
MSTRB
114.63
-6.15%
$AGT
AGTUSDT
Perpetual
0.06752
-9.51%
#MSCIRemovalMayCurbStrategy’sBitcoinBuying #earningsseason #VINHTOCDO #بيتكوين
#strategy #أخبار_العملات_المشفرة #MarketUpdate
