Bitcoin Price Prediction: Strategy Slapped the Buy Button Amid MSCI Delisting Rumours
CryptoNews · Tue, 20 Oct 2026 07:52:03 GMT
Hype 68/100 · Market impact 80/100 · Breaking 62/100
Tags: BTC
Strategy bought 267 Bitcoin for more than $22 million last week, its sixth purchase since August, while MSCI weighs whether companies that hold assets, including Strategy, still belong in its indexes. The company also repurchased about $193 million of STRC preferred shares and raised its repurchase authorization to $3 billion from $2 billion. Michael Saylor said that as of Oct. 18, 2026, Strategy held 848,517 Bitcoin and $5.3 billion in USD assets. MSCI’s decision is expected Nov. 11, and Bitcoin traded around $81,500 after falling below $80,000 and briefly topping $83,000 on Oct. 19. An index exclusion would not automatically mean Bitcoin sales; the estimated $2.8 billion in potential selling relates to Strategy shares, while a weaker share price could constrain capital raising.
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