Based on Biji Network, MicroStrategy (MSTR) has seen its share price fall 57% over the past six months, with a 40% drop in one month, putting it at risk of being removed from the Nasdaq 100 and MSCI US Index. The decline is linked to Bitcoin's price falling from a high of $126,000 to around $85,000, potentially triggering $2.8 billion in forced selling by passive funds, which could rise to $8 billion if more indices follow. MicroStrategy holds 649,870 Bitcoin, valued at $5.565 billion, and its exclusion from the indices may reduce its Bitcoin exposure, though the direct impact on Bitcoin depends on whether the company sells its holdings.
MSTR Share Price Drops 57% in Six Months, Facing Risk of Exclusion from Nasdaq 100 and MSCI Indexes
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