Selling Its Bitcoin Holdings is Not Among Strategy’s Considerations—Bitwise CIO

By Coin Edition
26 days ago
JPMORGAN BTC MSTR SPK CIN
  • Selling Bitcoin holdings is not among Strategy’s considerations.
  • There is a 75% chance that JPMorgan will remove MSTR from its MSCI index.
  • A potential MSTR decline has been priced in since October 10.

Bitwise Chief Investment Officer Matt Hougan believes Strategy will keep its Bitcoin reserve intact even as its MSTR stock faces a potential exit from major MSCI indexes. Hougan walked through the index changes and argued that market reactions to the digital asset treasury classification have already been reflected in Strategy’s share price.

Related: Inside the MSTR Controversy: Did JPMorgan and MSCI Spark …

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