US Stocks Movement | Strategy (MSTR.US), a major bitcoin holder, falls over 4% amid possible removal from MSCI Global Index

智通财经APP has learned that on Friday, Bitcoin whale Strategy (MSTR.US) fell more than 4% at the open, now trading at $145.06. According to reports, recently, MSCI Inc. has approved new rules that could ultimately remove Strategy Inc from its global equity benchmark index. This move may trigger billions of dollars in stock selling pressure and add new strains to the financing model behind Michael Saylor’s massive Bitcoin holdings. Analysts point out that if the removal happens, it will deliver a severe blow to the cryptocurrency reserve model pioneered by this former enterprise software company: businesses raising funds from the capital markets by issuing common stock, bonds, and complex securities to accumulate large amounts of crypto tokens.