Strategy Calls For Withdrawal Of MSCI’s Exclusion Plan For Digital Asset Trea...
Strategy, formerly known as MicroStrategy, has expressed strong opposition to a proposal by the Morgan Stanley Capital International (MSCI) to exclude digital asset treasury companies (DATs) from its indexes. Calls For Fair Treatment Of Digital Asset Companies In a recent letter signed by Michael Saylor and the firm’s CEO Phong Le, Strategy highlighted its support for MSCI’s efforts to establish consistent eligibility criteria across its indices. However, the company criticized the proposed threshold for excluding firms with more than 50% digital assets on their balance sheets,....
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What to Know: MSCI’s consultation to exclude $BTC-heavy ‘digital asset treasury’ companies from major indexes has turned Strategy into a test case for forced selling risk. JPMorgan’s bearish note on Strategy landed in a weak, thin market, amplifying fear, rumors of shorts, and even a grassroots JPMorgan boycott narrative. Bitcoin Hyper’s $HYPER token offers a crypto-native way to play Bitcoin scaling, combining a $BTC Layer-2 design with audited contracts, staking, and presale access. When the market tanked on October 10, there was no obvious macro bomb, no ETF denial, no....
NewsBTC reported on Thursday that Strategy, formerly known as MicroStrategy, led by Michael Saylor, is facing increased scrutiny regarding its potential exclusion from major indices, such as MSCI USA and the Nasdaq 100. This arises from the firm’s substantial exposure to Bitcoin (BTC). While the cryptocurrency market was buoyant for much of the year, Saylor’s […]
Concerns regarding the potential exclusion of Strategy (MSTR) from the MSCI index emerged last week, with estimates from JPMorgan analysts indicating that such a move could result in approximately $2 billion to $8 billion in outflows. Amid mounting concerns within the crypto community, Michael Saylor confirmed that the company is in discussions with MSCI regarding […]
Strategy, formerly known as MicroStrategy, the largest public holder of Bitcoin (BTC), finds itself at the center of a stormy controversy involving JPMorgan as Bitcoin prices continue to struggle. With signs of a potential bear market emerging, fresh rumors suggest that one of the world’s largest banks allegedly holds a significant short position on Strategy’s stock (MSTR), which has plunged 69% from its record high of $543 per share last year. Strategy Faces Potential MSCI Exclusion The turmoil escalated last week when JPMorgan issued a warning that Strategy might soon be removed from....
Michael Saylor’s Bitcoin-first investment strategy has once again taken the spotlight after Strategy (formerly MicroStrategy) laid out an ambitious new plan to scale its BTC holdings. The company now owns over half a million bitcoins, making it one of the biggest institutional players in the crypto market. However, the company isn’t done yet, as recent filings shows an ambitious $84 billion plan to acquire more Bitcoins. Related Reading: Strategy’s $84 Billion Bitcoin Appetite: Michael Saylor Goes All In (Again) As the Bitcoin price hovers around $97,000 in early May, the scale of....