MSTR Challenges MSCI Exclusion, Could Be Bitcoin Catalyst

icon币界网
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Bitcoin news broke as MicroStrategy (MSTR) pushed back against MSCI’s plan to remove it from the index, asking for the exclusion to be dropped and backing its case with key arguments. MSTR’s stock climbed 3.16% that day, with 30-day average volume rising by $4 and mNAV hitting 1.18, a 18% premium over its Bitcoin-backed value. Analysts warn that a full exclusion could cause $2.8 billion in passive fund outflows, affecting Bitcoin analysis and index-linked investors.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.