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MSCI Just Put Saylor’s Strategy on the Road out of Its Global Indexes

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: 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 […] Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Potential $2.8B BTC sell-off by Strategy could pressure prices.

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MSCI Just Put Saylor’s Strategy on the Road out of Its Global Indexes — Crypto Insight