The backlash against financial services company JP Morgan from the Bitcoin (BTC) community and supporters of BTC treasury company Strategy continued to swell on Sunday as calls to “boycott” JP Morgan grew.

• The anger from the Bitcoin community followed news that the MSCI, formerly Morgan Stanley Capital International, an index company that sets criteria for index inclusion, is likely to exclude crypto treasury companies from its indexes in January 2026.
• JP Morgan shared the MSCI news in a research note. “I just pulled $20 million from Chase and suing them for credit card malfeasance,” real estate investor and Bitcoin advocate Grant Cardone said in response to a call to boycott the financial services giant.
• “Crash JP Morgan and buy Strategy and BTC,” Bitcoin advocate Max Keiser said, as the online boycott movement gained steam.

The exclusion of crypto treasury companies from stock indexes could trigger an automatic sell-off of their shares from funds and asset managers that are mandated to buy specific types of financial instruments, and could negatively impact crypto markets.

Strategy founder Michael Saylor breaks his silence and responds to MSCI

• Strategy entered the Nasdaq 100, a stock market index of the 100 largest companies by market capitalization on the tech-focused stock exchange, in December 2024
• This allowed Strategy to reap the benefits of passive capital flows from funds and investors holding the Nasdaq 100.
• Strategy founder Michael Saylor responded to the proposed MSCI policy change on Friday, saying, “Strategy is not a fund, not a trust, and not a holding company.”
• “Funds and trusts passively hold assets. Holding companies sit on investments. We create, structure, issue, and operate,” Saylor said, adding that Strategy is a “Bitcoin-backed structured finance company.”
• The proposed MSCI listing criteria change would force any treasury company with 50% or more of its balance sheet in crypto to lose its index status.
• These companies would then face one of two choices: reduce crypto holdings to be below the threshold to qualify for index inclusion, or lose the passive capital flows from the market indexes. A sudden sell-off from crypto treasury companies impacted by the proposed MSCI change could force digital asset prices down, according to analysts. #Strategy #Bitcoin #Jucom #JPMorgan #cryptocurrency $BTC/USDT $JU/USDT $ETH/USDT

• Shares in Strategy have risen nearly 6% after hours as the Bitcoin treasury company reported a net income of $2.8 billion for its third quarter, down from the second quarter but still beating analyst expectations.
• Strategy on Thursday reported diluted earnings per share of $8.42 for the three months ending Sept. 30, beating Wall Street expectations of $8.15. 
• Its $2.8 million income for the quarter was a major jump from its $340.2 million loss the same time a year ago, but a fall from its record $10 billion net income in Q2.
• Shares in Strategy (MSTR) climbed 5.7% after-hours to over $269 after ending the trading session on Thursday down over 7.5% at an over six-month low of $254.57.
• Strategy has the largest stockpile of Bitcoin (BTC) among public companies, and the cryptocurrency’s over 6.5% rise over the quarter helped to buoy the company’s income.
• Bitcoin is down 1.7% in the past 24 hours, recovering to $108,500 from an intraday low of under $106,500.
• The decline in the price of Bitcoin and Strategy’s stock has squeezed its mNAV to 1.05x, falling from a peak of 3.89x in November after Bitcoin rocketed on Donald Trump’s US election win, according to StrategyTracker data. 
• Strategy said its Bitcoin yield had hit 26% so far this year at a $13 billion gain and reaffirmed its full-year outlook of hitting a 30% Bitcoin yield with a net income of $24 billion, based on its estimation that Bitcoin will reach $150,000.
• The company added 42,706 BTC over the third quarter to hold 640,031 BTC by Sept. 30. It has since continued its buys to hold 640,808 as of Sunday, which Strategy said was bought at an average cost of $74,032.

#Strategy #Jucom #Bitcoin #cryptocurrency #blockchain

Prominent gold investor Peter Schiff has continued to stir up controversy in the cryptocurrency community by calling the business model of Strategy — the world’s largest Bitcoin holding company — “a scam.”

• The comments, made on Sunday, were accompanied by a challenge to Michael Saylor, the founder of Strategy and the man who built one of the world’s largest Bitcoin treasuries, for a public debate.
• Schiff, Capital as one of Bitcoin’s most vocal critics and a longtime gold advocate, said he was ready to take on Saylor at Binance Blockchain Week in Dubai, UAE, in December.
• In another post, Schiff argued that Strategy’s model relies too heavily on attracting income funds to buy “high-yield” preferred shares that, he said, “are advertised yields that are never actually paid out.”
• Schiff said that when fund managers realize this and sell off their preferred shares, Strategy will soon be unable to issue more debt, leading to a “death spiral.”
• Bitcoin is now down more than 25% from its all-time high of over $125,000 in early October, just before the October 10 flash crash that wiped out tens of billions of dollars in market Capital in a short period of time.
• Meanwhile, Strategy’s mNAV — a premium to the company’s BTC holdings — fell below 1 in November, before recovering to around 1.21.

Despite signs of improvement, this mNAV is still XEM low, as Bitcoin treasury firms typically require an mNAV of 2 or more to be considered healthy. Strategy’s stock is now down more than 50% since July and is trading around $199.

#PeterSchiff #Strategy #Bitcoin #Jucom #cryptocurrency $BTC/USDT $ETH/USDT $JU/USDT

Michael Saylor, founder and chairman of Strategy, said in an interview that Bitcoin will replace gold in the financial world within the next decade.

Michael Saylor: “Bitcoin Will Overtake Gold by 2035”

“I have no doubt that Bitcoin will become a larger asset class than gold by 2035,” Saylor said.

• Saylor emphasized that he believes Bitcoin will become the reserve asset of the digital age in the long term, thanks to its limited supply, increasing global adoption, and interest from institutional investors.
• He also noted that central banks and large corporations around the world are inclined to include digital assets in their balance sheets, which will permanently increase the demand for Bitcoin.
• MicroStrategy has been known for its large-scale investments in Bitcoin since 2020. As of November 2025, the company holds over 214,000 Bitcoins, with a total value of over $20 billion.
• Saylor has previously described Bitcoin as “digital gold” and argued that it is the strongest hedge against inflation. His new statement reflects growing institutional confidence in Bitcoin's long-term potential.

Experts say that if Saylor's prediction comes true, Bitcoin's market value could exceed $10 trillion.

#MichaelSaylor #Strategy #Bitcoin #Jucom #cryptocurrency $BTC/USDT $ETH/USDT $JU/USDT