Micah Zimmerman

Michael Saylor took to X to dismiss concerns about MSCI-driven outflows, emphasizing that Strategy is an operating company with a $500 million software business and a $7.7 billion Bitcoin-backed digital credit program.

Bitcoin price plunged to $83,000, hitting FTX-era stress levels, as short-term holders capitulate and market volatility spikes.

Strategy faces the risk of being removed from major equity indices, with JPMorgan warning that MSCI’s January 15 decision could trigger up to $2.8B–$8.8B in passive outflows and deal a major blow to Saylor’s bitcoin-leveraged strategy.

Billionaire investor Ray Dalio reaffirmed his cautious view on Bitcoin, saying he’s held only about 1% of his portfolio in BTC for years due to what he sees as structural hurdles limiting its viability.

Bitcoin price dumped yet again this morning in trading to lows of $86,610, down over 1% over the past 24 hours. 

Rep. Warren Davidson introduced the Bitcoin For America Act today, letting Americans pay taxes in Bitcoin to fund a Strategic Bitcoin Reserve.

Metaplanet is overhauling its capital structure with new MARS and MERCURY preferred shares to raise $150 million for accelerating its bitcoin-treasury strategy while minimizing dilution to common shareholders.

The Abu Dhabi Investment Council more than tripled its stake in BlackRock’s iShares Bitcoin Trust to nearly 8 million shares in Q3, viewing Bitcoin as a long-term digital gold allocation.

VanEck analysts report that Bitcoin’s recent selloff is driven by mid-cycle holders, while long-term whales continue to accumulate.

Crypto markets extended their retreat today as the Bitcoin price hovered near a seven-month low at $88,890 — down 4% on the day and trading near the bottom of its weekly range.