Analyst Murphy said Strategy’s potential exclusion from MSCI indexes will test whether its Bitcoin-backed financing model can attract new demand, according to a BlockBeats report.
MSCI review
Murphy said MSCI approved a rule on Oct. 15 that would exclude non-operating companies that fail its criteria from global investable-market indexes. A prior simulation placed MSTR on a proposed exclusion list; the report said a final result is due Nov. 11 and would take effect Nov. 30 if adopted.
Financing question
Murphy said the reported passive selling pressure could be absorbed and that the key question is where future active demand would come from. His financing-flywheel examples and performance paths were hypothetical scenarios, not reported results or forecasts.
Source: BlockBeats flash.