The MicroStrategy MSCI removal consultation threatens Strategy (MSTR) with index expulsion over its 649,870 BTC holdings. JPMorgan warns of $2.8B-$8.8B in forced passive fund outflows if the MicroStrategy MSCI removal proceeds.
KEY TAKEAWAYS:
MSCI review threatens major outflows due to Strategy's heavy Bitcoin concentration.
Strategy's software revenue is real but tiny beside $70B in Bitcoin…
GameStop plans to raise $1.75B after buying 4,710 BTC, fueling speculation of continued Bitcoin accumulation.
Key Insights
Strategy has filed a Current Report Form with the US SEC, indicating its plans to sell its BTC holdings to pay off debts.
The BTC holding firm founded by Michael Saylor stated that it would sell its holdings if the price of Bitcoin continued to drop.
Strategy remains the most…
