Wall Street Dumps $5.4 Billion in MicroStrategy as BlackRock, Vanguard Exit...
MicroStrategy is at risk of being removed from major indices like the MSCI USA and Nasdaq 100 due to its significant Bitcoin holdings, which MSCI is considering excluding from its benchmarks.
If this happens, passive funds tracking these indices would be forced to sell MicroStrategy shares, potentially causing billions in outflows and downward pressure on the stock price.
What do you think will happen to #BTC and the entire crypto market if the company is forced to sell 641,000 #BTC ?
I am out for now with small profit, for you DYOR!
