MSTR is trading at $173.89 (-3.03%), pressured by a recent TD Cowen price target cut and anticipation of a potential MSCI index delisting decision today, which JPMorgan warns could trigger $8.8B in outflows.
- TD Cowen cut its price target to $440 from $500 on January 15, citing reduced Bitcoin yield estimates for 2026 despite maintaining a Buy rating.
- The current decline reverses yesterday's 3.66% gain to $179.33.
- BTC is down 0.72% since last close, adding mild pressure, as major coins slightly decouple from broader market gains in the S&P (+0.49%) and Nasdaq (+0.73%).