This is par for the course with major banks and Blackrock setting their sites on Michael Saylor’s Strategy as a vulnerable target. Retail investors are just the collateral damage. That is my take on the current state of events. It started with the discriminatory exclusion from the MSCI indexes which could have triggered a massive $2.8 billion capital outflow from Strategy. JPMorgan’s margin hike requirements on Strategy stock from 50% to 95% cuts off institutional traders from using leverage to buy Strategy stock effectively removing a massive layer of buying support. Banks and BlackRock are trying redirect capital toward their own highly regulated, lower-risk spot Bitcoin ETFs, while shorting Strategy and collecting the premiums from the hike requirements. That is just at the institutional level. Nevermind all of the fear that is getting pumped into the market.

Make no mistake that Strategy is fighting for its life due to these major players now entering the space. They want Strategy’s coin at a huge discount and see Strategy as a plump juicy target. They already have their sights on Coinbase which is probably next focused target if Strategy fails.

That is my current read on what is happening. I would be interested to hear other takes from those smarter than me.

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