MSCI confirmed Strategy’s removal from its indexes: the change will take effect on November 30, and $MSTR fell by approximately 6%. Funds tracking the index may be forced to sell the company’s shares before that date, while the price of $BTC is also under pressure (around $71,300). For Strategy, this doesn’t mean selling Bitcoin, but it is a signal for investors to keep an eye on regulators and indexes. Scenario: a weak $BTC and passive selling increase the pressure. Not financial advice.
How will this affect Strategy: temporarily or for the long term? 👇
#MSCI
How will this affect Strategy: temporarily or for the long term? 👇
#MSCI