X @Wu Blockchain

According to Reuters, Strategy (MSTR) Chairman Michael Saylor said the company is engaging with index provider MSCI regarding a potential exclusion from its indices. MSCI is expected to make a decision on January 15. JPMorgan previously noted that if the exclusion takes effect and other index providers follow, it could trigger outflows of around $8.8 billion. Saylor added that Bitcoin’s recent price decline has pressured the company’s stock, describing it as essentially a leveraged version of Bitcoin. https ...