đš BREAKING: MSCI MOVES TO DROP MICHAEL SAYLORâS STRATEGY FROM ITS GLOBAL INDEXES.
The decision could have major implications for Bitcoinâs biggest corporate holder.
MSCIâs proposed exclusion could affect how index-tracking funds gain exposure to Strategy.
If funds tracking affected indexes are required to sell their holdings, Strategy could face additional selling pressure.
âż Strategy has built its identity around one bold bet: Bitcoin.
Now, a major index decision puts that strategy under the spotlight.
Will this trigger more volatility for $MSTR and the broader Bitcoin market?
Or will Bitcoin bulls shrug it off?
The proposed change is set for November 30.
One decision. Two markets to watch: $MSTR and BTC.
#Bitcoin #MicroStrategy #MichaelSaylor #CryptoNews #BTC
The decision could have major implications for Bitcoinâs biggest corporate holder.
MSCIâs proposed exclusion could affect how index-tracking funds gain exposure to Strategy.
If funds tracking affected indexes are required to sell their holdings, Strategy could face additional selling pressure.
âż Strategy has built its identity around one bold bet: Bitcoin.
Now, a major index decision puts that strategy under the spotlight.
Will this trigger more volatility for $MSTR and the broader Bitcoin market?
Or will Bitcoin bulls shrug it off?
The proposed change is set for November 30.
One decision. Two markets to watch: $MSTR and BTC.
#Bitcoin #MicroStrategy #MichaelSaylor #CryptoNews #BTC