Strategy (MSTR) reassures investors it won’t sell Bitcoin to stay afloat, despite rumors. Bitwise CIO Matt Hougan says MSTR can weather market fluctuations without selling. CEO Phong Le mentioned offloading Bitcoin as a last resort if market value drops. MSTR faces potential delisting from MSCI due to crypto market slump.

Hougan states MSTR is in a strong position and doesn’t need to sell Bitcoin. The company bought BTC at an average price of $74,436, currently trading at $92,000. With $1.4 billion in cash, MSTR can cover interest payments for a year and a half. Recent decline in MSTR stock may be due to MSCI’s exclusion risk.

MSCI’s potential exclusion of digital asset treasury companies could impact MSTR’s stock price further. However, Hougan believes this won’t significantly affect investor sentiment. Historical data shows index additions and deletions have had smaller impacts than expected. Despite challenges, MSTR remains confident in weathering market pressures.

Read more at Cointelegraph

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