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Strategy Stock Drops 5% After MSCI Index Removal and Bitcoin Decline
(4 hours ago) · 1 source · Summarized by CryptoBipto
Strategy, the company formerly known as MicroStrategy, saw its stock fall approximately 5% following its removal from an MSCI index and a broader sell-off in Bitcoin. The index removal means that funds tracking the MSCI index will need to sell their Strategy holdings, adding selling pressure to the stock.
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SOURCES
- cointelegraph.com
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