The Zhitong Finance App learned that on Friday, Strategy (MSTR.US), a major Bitcoin holder, fell more than 4% at the beginning of the session and is now at $145.06. According to the news, recently, MSCI Inc. passed new rules, which may eventually remove Strategy Inc from its global stock benchmark index. This move could trigger a multi-billion dollar stock sell-off and add new pressure to the financing model behind Michael Saylor's huge Bitcoin holdings. According to analysis, once finally eliminated, it will severely disrupt the cryptocurrency reserve model pioneered by this former enterprise software company: companies raise capital from the capital market and accumulate large amounts of cryptocurrencies by issuing additional common shares, issuing bonds, and issuing complex securities.
Zhitongcaijing · 3d ago
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The Zhitong Finance App learned that on Friday, Strategy (MSTR.US), a major Bitcoin holder, fell more than 4% at the beginning of the session and is now at $145.06. According to the news, recently, MSCI Inc. passed new rules, which may eventually remove Strategy Inc from its global stock benchmark index. This move could trigger a multi-billion dollar stock sell-off and add new pressure to the financing model behind Michael Saylor's huge Bitcoin holdings. According to analysis, once finally eliminated, it will severely disrupt the cryptocurrency reserve model pioneered by this former enterprise software company: companies raise capital from the capital market and accumulate large amounts of cryptocurrencies by issuing additional common shares, issuing bonds, and issuing complex securities.
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