MSCI Weighs Removing Strategy Inc. from Global Indexes Amid Saylor Funding Woes
Michael Saylor's Strategy Inc. is facing a fresh funding threat as MSCI considers rules that could remove it from its global equity indexes.
This move could add strain to the company's financing model, which relies on buying Bitcoin with more than $60 billion in purchases.
The consultation comes at a time when Saylor seeks more capital to continue adding to his Bitcoin holdings, exacerbating concerns over shareholder dilution and the performance of securities issued to finance these purchases.