MSCI Just Put Saylor’s Strategy on the Road out of Its Global Indexes
MSCI has adopted a rule that could push Strategy, the company holding 848,250 BTC, out of its flagship indexes after Nov. 30, and JPMorgan puts the possible forced selling at $2.8 billion. What Did MSCI Actually Decide? On Oct. 15, MSCI published the results of its consultation on “non-operating companies.” These are firms that mostly […]
MSCI has adopted a new rule that could remove Strategy, a company holding 848,250 BTC, from its flagship indexes after November 30. JPMorgan estimates this could trigger up to $2.8 billion in forced selling of Bitcoin. Traders should watch for potential downward pressure on BTC if the index exclusion leads to significant liquidations.