American real estate entrepreneur Grant Cardone, along with Bitcoin supporters, called for a boycott of JPMorgan Chase.
TL;DR
Grant Cardone and Bitcoin supporters are boycotting JPMorgan Chase, accusing it of a premeditated attack on Strategy, which caused its stock to plummet to yearly lows.
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According to Foresight News , citing Crypto Briefing, US real estate entrepreneur Grant Cardone and members of the crypto community have jointly called for a boycott of JPMorgan Chase. Previously, JPMorgan Chase stated that if Strategy is removed from the MSCI index, it could face an outflow of up to $2.8 billion. If other index providers follow MSCI's lead, the total outflow could reach $8.8 billion. As a result, Strategy's stock (MSTR) fell below $200 on Wednesday and continued to decline to a year-to-date low of approximately $170 at Friday's close. Bitcoin supporters have accused JPMorgan Chase of a "premeditated attack" on Strategy, with figures including Max Keiser and John Deaton participating in the boycott.