Top up some faith Regarding the news that MSTR might be removed from the MSCI index, it’s unlikely to directly lead to the sale of BTC reserves. The biggest impact would be on MSTR’s ability to refinance in the future. If it does get removed, MSCI would likely trigger a mechanical sell-off of around $2.8 billion, which would directly impact MSTR’s stock price. However, the core narrative for BTC remains unchanged. Looking at the company structure and debt, MSTR has no reason to sell BTC at this point.