Strategy (Formerly MicroStrategy) MSCI Index Removal: $8.8B Bitcoin Outflows Threaten MSTR Holdings
The MicroStrategy MSCI removal consultation threatens Strategy (MSTR) with index expulsion over its 649,870 BTC holdings. JPMorgan warns of $2.8B-$8.8B in forced passive fund outflows if the MicroStrategy MSCI removal proceeds. KEY TAKEAWAYS: MSCI review threatens major outflows due to Strategy’s heavy Bitcoin concentration. Strategy’s software revenue is real but tiny beside $70B in Bitcoin…