JPMorgan Warns of Potential MSCI Exclusion for MicroStrategy Amid Bitcoin Sell-Off

MicroStrategy faces potential exclusion from MSCI indices due to its Bitcoin holdings, as warned by JPMorgan, which could trigger up to $2.8 billion in passive outflows. Michael Saylor defends the company as a Bitcoin-backed operating firm amid Bitcoin’s drop to $81,000. JPMorgan highlights risk of MicroStrategy’s removal from major equity indices by MSCI in January, […]

Source: https://en.coinotag.com/jpmorgan-warns-of-potential-msci-exclusion-for-microstrategy-amid-bitcoin-sell-off