Wall Street Stays Bullish on Strategy Despite MSCI Threat, CryptoQuant CEO Says

Saylor also spoke about the potential removal. The world’s largest corporate holder of bitcoin faces the prospect of being removed from major MSCI indexes under newly finalized eligibility rules, potentially triggering billions of dollars in passive outflows. However, CryptoQuant CEO Ki Young Ju argued that the risk is already priced in, while Michael Saylor, Strategy’s co-founder and former CEO, has dismissed the issue as relatively unimportant to the company. MSCI Risk Priced In? CryptoPotato reported yesterday that MSCI finalized the new rules this week targeting companies it classified as “non-operating,” potentially putting Strategy, Metaplanet, and other digital-asset treasury firms at risk of exclusion from the Global Investable Market Indexes. The final list of affected entities is due on November 11, with the methodology taking effect at the close of November 30. JPMorgan analysts have previously estimated that Strategy’s removal could lead to approximately $2.8 billion in passive outflows from MSTR. However, CryptoQuant’s Ki Young Ju offered a different perspective, indicating that investors may be focusing too heavily on that figure. He explained that MSCI is primarily a...