Strategy Sinks Nearly 10% on MSCI News But Saylor Is Still $5B Up

Strategy shares fell 9.6% on Friday after MSCI's Oct. 15 ruling that companies mainly holding assets lose index eligibility. Despite the drop, the firm's 848,250 bitcoin remain about $5 billion above cost. The ruling, announced after U.S. markets closed, triggered the selloff in the first full session.