Wall Street Is Dumping Saylor And Bitcoin Didn't Care

Forced-sale estimates versus trading volume

Speaker 1: 00:00 Funds tracking MSCI's indexes hold about 3.1% of Strategy shares, roughly 13 million of them. Estimates for what they'll have to dump run from about $1.9 billion up to JPMorgan's $2.8 billion estimate. That sounds like a crushing amount until you set it next to how much of this stock actually trades. Take a look at this chart.

Just one week of Strategy trading, the week ending October 9th, was $15.3 billion. An average single day of trading for Strategy stock this year is $2.9 billion. So the entire forced sale that everyone is in a panic about fits inside less than one normal trading day for the stock.