Strategy

Strategy shares (MSTR) jumped after MSCI decided not to exclude bitcoin-heavy firms from its indexes.

MSCI has ended its review of digital asset treasury companies and opted to keep them eligible for its major indexes, allowing bitcoin-heavy firms like Strategy to remain included under existing rules.

Michael Saylor’s Strategy bought 1,286 BTC for $116 million, raising its Bitcoin holdings to 673,783 BTC and U.S. dollar reserves to $2.25 billion.

Index giant MSCI announces its decision January 15 on excluding companies with over 50% digital assets, including Bitcoin holders MicroStrategy and Metaplanet, potentially triggering $10-15B in forced sales and reshaping corporate Bitcoin strategies.

Strategy resumed its bitcoin accumulation in late December, acquiring 1,229 BTC for about $109 million at an average price of $88,568 per coin.

Strategy just raised $748 million to lift cash reserves to $2.19 billion and held its bitcoin balance steady at 671,268 BTC.

Strategy owns 3.2% of all Bitcoin, spending nearly $2 billion in the past two weeks to grow its BTC treasury to 671,268 BTC.

Exceptional opportunity in Bitcoin treasury companies: Asymmetric upside if BTC rebounds. MSTR could hit $500/share in bullish scenario.

Strategy, the world’s largest publicly traded bitcoin holder, just bought another $1 billion worth of bitcoin. The company did the same last week.

Corporate Bitcoin treasuries swung into widespread unrealized losses in November, as Bitcoin’s brief drop below $90,000 left roughly 65% of measurable corporate holders in the red.