Story preview
Continue reading on the publisher site for the full article.
Read on publisher →Bitcoin News
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
6
in the last 3 days
First reported
4 days ago
5 outlets since
Countries
5 other outlets reported this story in the last 3 days.
Bitcoin is trading at $82,800, up 1.5%, but Michael Saylor’s Strategy MSCI delisting points to two distinct risks. Indonesia’s market is facing a proposed classification change; Strategy may separately lose eligibility for certain equity indexes. Could pressure on listed shares turn into Bitcoin se…
Strategy fell 9.56% on the first session after MSCI’s index decision, on a day the Nasdaq lost 2.14%. The forced selling is small; the pressure on Strategy’s premium is not.
Strategy stock fell 9.6% after MSCI's index ruling, yet its 848,250 BTC sit about $5 billion above cost. Here's how the board closed.