Here's some additional detail regarding MSCI: Even if Strategy is confirmed to be removed from the list by 6:00 AM tomorrow, the adjustment won't take effect until November 30th. Passive funds' selling pressure will mainly concentrate around the end of the month, rather than being dumped all at once tomorrow. Furthermore, passive funds are selling MSTR shares; Strategy won't directly sell its own cryptocurrency. The main impact on BTC is that Strategy's path of issuing shares to buy cryptocurrency will be narrowed.