Strategy Inc (MSTR) highlights equity-crypto crosscurrents

MicroStrategy’s successor, Strategy Inc, is trading around $183 and acting as a high-beta BTC proxy as index providers weigh whether its Bitcoin-heavy balance sheet should disqualify it from the Nasdaq 100 and certain MSCI benchmarks, per Reuters and TS2.Tech. Analysts warn that a potential removal could force roughly $1.6 billion in passive outflows, amplifying the impact of Bitcoin swings on crypto-equity valuations.