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But we saved everything 🙂.
Index funds may have to sell up to $2.8 billion of shares in Strategy by November 30. MSTR shares declined 9.5% following the news, while Bitcoin fell about 1%.
Joe Consorti added that Schwab and Vanguard have introduced a Bitcoin button for $24 trillion in assets. He expressed confidence that Strategy and Bitcoin will be resilient.
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Consorti has previously highlighted shifts in bitcoin markets, noting that bitcoin bottomed on July 1, 100 days before the expected four-year cycle date. He has also commented on the impact of debt, referencing falling AI costs and $1.1 trillion in government debt interest. These observations provide further context as investors assess recent developments in index fund holdings and crypto-linked stocks.