Tonight MSCI publishes its November index review. Strategy is the name to watch. If it's cut, index funds have to sell the stock by the end of the month. JPMorgan has estimated about $2.8B of selling. That selling is in Strategy shares. Nobody is forced to sell bitcoin:native , and Strategy stays listed on Nasdaq. Where it could reach Bitcoin: Strategy funds a lot of its buying by issuing new shares. A weaker stock makes that harder, so a big buyer may slow down. I'll cover the result tomorrow in my video!

TON Treasury Company Made Millions From GRAM, But There's a Catch... TON Strategy Company (@tonstrat), a Nasdaq-listed digital asset treasury firm focused on the-open-network:native, reported $13.1 million in Q3 revenue, mainly from GRAM staking rewards. The company held 235.1 million the-open-network:native worth $348.5 million at quarter-end. About 232.9 million GRAM was deployed in staking, generating an annualized gross yield of 16%. However, revenue fell from $15 million in the previous quarter. TON Strategy reported a $24 million net loss over the period. An unrealized loss of $27.2 million on its GRAM holdings drove the result.

Tony McNamara’s Mosquito has started filming in the UK, with 10 new cast members joining Nicholas Hoult and Daisy Edgar-Jones in the six-part Hulu dramedy about a newlywed couple whose secrets spill out after an intrusive mosquito.