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[Grant Cardone and Bitcoin Supporters Call for Boycott of JPMorgan Chase] American real estate entrepreneur Grant Cardone and members of the cryptocurrency community have jointly called for a boycott of JPMorgan Chase after the bank warned that if Strategy is removed from the MSCI index, it could face up to $2.8 billion in outflows. JPMorgan analysts reported that if other index providers follow suit, the total divestment could reach $8.8 billion. As a result, Strategy stock (MSTR) fell below $200 on Wednesday this week and dropped to around $170 at Friday's close, marking a yearly low and a cumulative decline of 41% from its yearly peak. Bitcoin supporters have accused JPMorgan Chase of launching a 'premeditated attack' on MSTR shareholders and criticized its ties to Jeffrey Epstein.

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