US Stock Movement | Potentially removed from MSCI Global Index, Bitcoin-heavy holder Strategy (MSTR.US) falls over 4%

Zhitong Finance APP has learned that on Friday, Strategy (MSTR.US), a major Bitcoin holder, fell more than 4% in early trading and is now quoted at $145.06. On the news front, MSCI Inc. recently approved new rules that could ultimately remove Strategy Inc from its global equity benchmark indexes. The move could trigger billions of dollars in stock selling and add new pressure to the financing model behind Michael Saylor's massive Bitcoin holdings. According to analysts, once it is ultimately removed, it will deal a heavy blow to the cryptocurrency reserve model pioneered by this former enterprise software company: companies raise funds from the capital markets by issuing additional common shares, issuing debt, and issuing complex securities to accumulate large amounts of crypto tokens.