A post by @WuBlockchain on X.
Strategy CEO: Only About 3% of Strategy's Shares Are Tied to MSCI Indexes
@WuBlockchain on X
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Strategy CEO Phong Le said only about 3% of the company's shares are tied to MSCI indexes, downplaying the potential impact of any index exclusion. In a November 13 CNBC interview, Le said he expects an MSCI removal to have little effect on the company. The disclosure matters because index-driven flows can amplify moves in Strategy's stock, which trades as a leveraged bitcoin proxy. Investors will watch whether MSCI proceeds with an exclusion and whether the small indexed share base keeps any forced selling contained.
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Named in this story
Strategy (MSTR), Phong Le, MSCI, CNBC
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