MSCI's Possible Index Decision Triggered Michael Saylor: Statement Released
The world's largest corporate Bitcoin treasury company, Strategy, is at risk of being removed from MSCI indices on January 15. Michael Saylor confirmed the process today in a statement to Reuters, saying, "We are in discussions with MSCI." JPMorgan highlighted that the company could face a forced sale pressure of up to $8.8 billion if removed from the indices.
The world's largest corporate Bitcoin treasury company, Strategy, is facing the risk of being removed from global indices on January 15. Today, an important statement came from Michael Saylor regarding this critical process. Saylor, the founder of Strategy, stated in an interview with Reuters that they are actively discussing the matter with MSCI and that the decision has created significant uncertainty within the company.
Saylor also mentioned JPMorgan's estimate of a potential forced sale of $8.8 billion, saying, "I'm not sure how accurate their figures are."
However, JPMorgan's note had created serious turmoil. Experts suggest that if other index providers follow the same path, passive fund outflows could indeed reach billions of dollars.
