Summer is usually slow, but we’ve been busy @Strategy over the last 2 months: Bitcoin and USD assets are up 34% to $72B, net leverage down to 0%, and back to buying BTC. $MSTR has outperformed BTC and our prefs are paying dividends and up 10%+. Fall could be quite interesting.
I joined Bloomberg @crypto to discuss Strategy's return to buying Bitcoin, building a fortress balance sheet, MSCI’s index proposal, and equity market demand for Bitcoin. $MSTR
00:24 - Back to buying $BTC and why the decision was not price-driven
00:43 - Fortress
S&P, FTSE, Bloomberg, Nasdaq, and ICE broadly reflect the market. MSCI seems to be going its own way, against U.S. policy priorities and beyond established securities-law and accounting frameworks.
Strategy responded today to MSCI’s proposed “non-operating company” exclusion. While not material to $MSTR, the proposal is misguided, flawed, and conflicts with established securities laws and accounting principles. Read our letter and share your support: strategy.com/msci
