In the hallowed halls of finance, a tempest brewed, as the Bitcoin faithful and the acolytes of Strategy raised their voices in unison, chanting, “Boycott JP Morgan!” 🐍💰 A spectacle most peculiar, where the digital and the traditional clash like titans in a fable of modern times.
The ire of the crypto community was kindled by the news that MSCI, that fickle arbiter of market whims, might cast crypto treasury firms out of its indexes come 2026. A fate as dire as a siren’s lament, it seemed. 🧠
“I’ve yanked $20 million from Chase and am suing them for credit card malfeasance!” cried Grant Cardone, that audacious real estate mogul, his words dripping with theatrical flair. 🤠
“Crash JP Morgan and buy Strategy and BTC!” bellowed Max Keiser, the fiery orator of the crypto realm, as the boycott movement swelled like a storm. 🔥
The exclusion of crypto treasury firms from indexes could trigger a cascade of sells, as passive funds flee like frightened sparrows. A calamity, some whisper, for the digital markets. 🚨
Strategy’s Michael Saylor Speaks, or, The Art of Semantic Acrobatics
Strategy, that paragon of innovation, entered the Nasdaq 100 in December 2024, securing the blessings of passive capital. A triumph, or so it seemed. 🎉
Michael Saylor, the enigmatic founder, broke his silence, declaring, “Strategy is not a fund, not a trust, not a holding company!” A statement as clear as a foggy morning. 🌫️
“Funds and trusts passively hold assets. Holding companies sit on investments. We create, structure, issue, and operate,” he intoned, as if reciting a manifesto. “We are a Bitcoin-backed structured finance company!” A claim as bold as a poet’s verse. 📜
The proposed MSCI rule would see crypto treasury firms face a choice: shrink their crypto holdings or lose the passive flows. A dilemma as old as time-trade wealth for security, or risk it all. 🧠
An abrupt sell-off, they warn, could send digital asset prices tumbling like a house of cards. A cautionary tale, perhaps, for those who dare to dance with the devil of volatility. 🕯️
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2025-11-24 00:28