Bitcoin Updates: Saylor’s Bitcoin-Linked Strategy Encounters Index Removal and Industry-Wide Sell-Off Challenges
- Michael Saylor of MicroStrategy (MSTR) defends Bitcoin-centric strategy despite 41% stock decline, claiming resilience against 80% drawdowns. - MSCI's proposed index exclusion rule (for crypto-heavy firms) threatens $8.8B in losses for MSTR , which holds 90% Bitcoin on its balance sheet. - Bitcoin treasury sector faces "player-versus-player" selloff, with 26/168 firms trading below reserves and peers like Metaplanet launching buyback facilities. - Saylor envisions $1T Bitcoin balance sheet for financial
Michael Saylor, who serves as executive chairman of
This optimistic outlook stands in contrast to rising worries that Strategy could be removed from major stock indices like the
Uncertainty about index inclusion has
Saylor remains confident,
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