MicroStrategy (MSTR) shares keep falling, and MSCI is reviewing whether to remove the company from major equity indices.
JPMorgan estimates $2.8B in outflows if MSCI removes MSTR โ and up to $8.8B more if other index providers follow.
Despite this, Michael Saylor posted on X:
โWeโre an operating company, not a fund. Bitcoin is our productive capital, and our conviction is unwavering.โ
MicroStrategy now holds 649,870 BTC (over 3% of total supply).
Bitcoin is down ~24% this month, largely due to retail selling from spot BTC and ETH ETFs.
MSTR stock has dropped 44% in the past month
$BTC
BTC
87,488.93
+2.75%
