MSTR Executive Chairman Speaks Out Again as MSCI Concerns Mount
Michael Saylor, the executive chairman of MSTR, addressed increasing investor concerns regarding potential exclusion from major equity indices by MSCI, following a warning from JPMorgan. Saylor emphasized that MSTR is not merely a passive bitcoin vehicle but a publicly traded operating company with a significant software business worth around $500 million. He highlighted the company’s unique treasury strategy, utilizing bitcoin as productive capital, and claimed that no fund or trust could replicate its operational structure. Despite the challenges, including a 3% drop in MSTR shares to about $171, Saylor reassured the market by discussing the company's substantial digital credit offerings this year, totaling over $7.7 billion in notional value across five public offerings. His message aims to clarify MSTR’s position amid volatility and market skepticism.
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