🚨 IT'S OFFICIAL: STRATEGY IS OUT OF MSCI!
MSCI confirmed $MSTR will be deleted from its global indexes after the Nov 30 close. Metaplanet and Upexi are out too, SharpLink is on the watchlist.
JPMorgan estimated ~$2.8B in passive selling. Strategy says MSCI funds hold just ~3.1% of its shares.
Why is this a big deal? Strategy is the biggest corporate BTC buyer. Pressure on MSTR could slow its buying.
Priced in, or more pain for Bitcoin? 👇
MSCI confirmed $MSTR will be deleted from its global indexes after the Nov 30 close. Metaplanet and Upexi are out too, SharpLink is on the watchlist.
JPMorgan estimated ~$2.8B in passive selling. Strategy says MSCI funds hold just ~3.1% of its shares.
Why is this a big deal? Strategy is the biggest corporate BTC buyer. Pressure on MSTR could slow its buying.
Priced in, or more pain for Bitcoin? 👇
