Strategy Inc and the Perils of Index Eviction
Forced selling of $2.8B looms as MSCI removes MSTR. With a -1100% operating margin and 132x EV/Revenue, the Bitcoin premium faces a mechanical reckoning.
Strategy Inc
Forced selling of $2.8B looms as MSCI removes MSTR. With a -1100% operating margin and 132x EV/Revenue, the Bitcoin premium faces a mechanical reckoning.