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Michael Saylor is lobbying MSCI to abandon a proposed screen that would exclude companies holding digital assets above a set share of total assets, a rule that would remove three names from MSCI's global indexes at the November review, with Strategy the largest by a wide margin. Deletion would trigger mechanical selling by index-tracking funds and ETFs benchmarked to MSCI, pressuring MSTR's premium to net asset value and, by extension, its ability to issue equity to fund further bitcoin purchases. The channel to BTC is indirect but real: a shrinking equity-financing window narrows one of the largest structural bid sources of the last two years, so watch MSCI's final decision language and any parallel move by S&P, FTSE Russell or JPX on treasury-heavy issuers.
As a Crypto signal, watch whether it changes price action, volatility, or flows around MSTR, BTC.
Original Source: Decrypt
This page is market information analysis, not investment advice.
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