Tag: Breaking

Quick Take Michael Saylor pushes back against potential MSCI index exclusion for Strategy, calling it irrelevant to the company’s mission. Strategy’s conviction in Bitcoin remains “unwavering” despite MSTR shares dropping over 40% in the past month. Bitcoin treasury firm highlights its unique structure, arguing no passive vehicle can replicate its capital-raising model. Michael Saylor doubles down on Bitcoin...

Quick Take: JPMorgan analysts flag major index exclusion risk for Strategy as MSCI nears a decision on companies with heavy digital asset holdings. MSCI removal alone could trigger $2.8 billion in forced outflows; total could reach $8.8 billion if Nasdaq-100 and others follow suit. Approximately $9 billion of Strategy’s market cap is held by passive funds tracking key benchmarks. Decision expected by January 15, 2026,...

BTC’s 14-day RSI falls below 30, marking oversold territory after a sharp price decline. Bitcoin trades around $91,700, down 28% from its $126,000 peak last month. Historical RSI lows have preceded downtrend slowdowns, but confirmation via price action is key. Bitcoin has entered oversold territory according to its 14-day relative strength index (RSI), dipping below the key 30 threshold as the cryptocurrency grapples...

Daily Acquisitions: Strategy purchased Bitcoin every weekday this week, signaling accelerated buying despite BTC’s plunge below $100,000. Total Holdings: The firm’s BTC stash now exceeds 641,000 coins, valued at approximately $62.3 billion at current prices. Rumor Denial: Saylor dismissed reports of sales, attributing on-chain activity to custodian switches rather than liquidations. Strategy’s Unyielding...