The more indexes that Strategy is added to, the more passive flows it attracts, forcing indexes to purchase shares regardless of the price.
The more passive flows Strategy attracts, the higher its share price, the more capital it can raise, the more Bitcoin it can buy, the more the price of Bitcoin increases, the bigger its market cap, the bigger the weighting in indexes, the more passive flows it attracts, creating a flywheel effect.
“I don’t think Saylor is speculative attacking the dollar…he’s speculative attacking the U.S. stock market & passive income flows…he’s about to make it into the S&P 500 where he can perform the vampire attack of all vampire attacks...” —
@HODL