Bitcoin starting the holiday week above $90,000 
$88,490.03 has not yet returned to the desired levels. We mentioned that there should be such a recovery after Japan. However, it is too early to rejoice as negative developments await us in January. Strategy is the first big event of the new year to your FUD is making preparations.
Cryptocurrency Drop Preparation
Strategy, which faces the risk of mNAV falling below 1, is preparing for the January 15 decision. A change in the classification of shares of cryptocurrency reserve companies by MSCI is envisaged. MSCI aims to classify these companies as funds, insulating them from billions of dollars of index investing. Compared to stocks, funds find it more difficult to find a place in portfolios.
Moreover, as the January 15 decision date approaches, Strategy mNAV It decreased to 1.08. The company strengthened its cash reserves in preparation for possible bad surprises. The company recently announced that it added another $748 million in cash reserves, increasing its total cash reserves to $2.19 billion. This can keep the company afloat for dividend payments and other expenses.
As the decision date approaches, it will become clear what the Supreme Court will say about the tariffs. At least those around Trump expect this to be announced in January. So the new year will start with higher volatility.
