Strategy dips on bad MSCI World Index news
A powerful committee adopted “non-operating company” rules that could remove Strategy from the prestigious MSCI World Index.
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A powerful committee adopted “non-operating company” rules that could remove Strategy from the prestigious MSCI World Index.
Read more (3 min) →Strategy’s USD Cash pile has plummeted 60% from $1.61B in late August to just $640.5M a few days ago.
Strategy has burned through 64% of its $2B STRC rescue fund, leaving less than $724M after 10 weeks of buybacks.
MSTR investors are hoping for good news from the US Index Committee on Friday about its potential S&P 500 inclusion.
It's difficult to explain the valuations of many crypto treasury companies trading on stock markets across the globe.
— Carl Rickertsen, MicroStrategy
MicroStrategy's Carl Rickertsen sold over $10M this year, admitted zero ownership, and continued an uninterrupted series of insider sales.