MicroStrategy

MicroStrategy has outlined conditions under which it would sell its Bitcoin holdings. A further 15% price drop in Bitcoin could trigger these sales, potentially initiating a market ‘death spiral’ and presenting a key buying opportunity.

Strategy, formerly MicroStrategy, is in talks with MSCI about a potential removal from its indices due to a new policy limiting crypto exposure. The move could trigger billions in outflows and impact the broader crypto market.

Michael Saylor’s Strategy has raised $21 billion year-to-date in 2025 to acquire more Bitcoin, utilizing a mix of equity and debt. The firm recently made its largest BTC purchase since July and is on pace to surpass its 2024 fundraising total.

Strategy, the largest corporate holder of Bitcoin, is facing intense pressure as its stock has plummeted over 40% in a week. The decline, outpacing Bitcoin’s own losses, raises concerns about Michael Saylor’s high-stakes strategy and potential exclusion from major stock indices.