MSCI Consults on Bitcoin-Heavy Index Exclusion Amidst JPMorgan Concerns

Key Points:

  • MSCI is considering excluding companies with 50% or more of their balance sheet in $BTC from major indexes, impacting companies like Strategy ($MSTR).
  • JPMorgan issued a bearish note on $MSTR, estimating potential forced selling of about $2.8 billion due to MSCI's consultation.
  • This has sparked narratives including rumors of institutions shorting $MSTR and a boycott against JPMorgan.
  • Michael Saylor argues that Strategy is misclassified by MSCI as it is not just a Bitcoin fund but a functional company.
  • The uncertainty around MSCI's decision affects liquidity for companies related to Bitcoin proxies, prompting shifts towards pure-play Bitcoin infrastructure like Bitcoin Hyper ($HYPER).
  • Bitcoin Hyper aims to enhance Bitcoin scalability through a Layer-2 solution, using the $HYPER token for transactions and governance.
  • Bitcoin Hyper's presale has raised over $28.45 million, with significant whale investments, indicating strong interest.
  • Staking APY for $HYPER is currently at 41%, with plans for mainnet launch and exchange listings around Q4 2025/Q1 2026.