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Wall Street Stays Bullish on Strategy Despite MSCI Threat
The world's largest corporate holder of bitcoin, Strategy, faces potential removal from MSCI indexes due to new eligibility rules, which could result in $2.8 billion in passive outflows. CryptoQuant CEO Ki Young Ju believes the risk is already priced into the market, with analysts maintaining bullish price targets for MSTR. Former CEO Michael Saylor downplayed the significance of the MSCI decision, arguing that digital assets like bitcoin should be treated as legitimate corporate capital, despite a market sell-off following the news.