$MicroStrategy(MSTR)$ MSTR inclusion into MSCI ACWI Index is bigger than most realize. Although MSTR's weighting in it will only be about .035%, the ACWI had about $4.6 Trillion benchmarked to it as of 12/31 2023.
The calculations result in about $ 1 billion in new incremental demand for MSTR shares.
A conservative multiple of 10 (inflow resulting in market cap increase) would ramp MSTR market cap by $10 billion. It's currently $25.5 billion - was $22 billion two days ago.
A lot more buying needs to be done by passive money. My understanding is the passive ETF's have till month-end to buy.
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