MSCI is advancing a proposed method to class Strategy, Metaplanet and other digital-asset treasury firms as non-operating, Bitcoin News said on X. JPMorgan estimates passive funds may sell $2.8bn of MSTR; wider outflows could reach $8.8bn, with a decision expected around 16 Oct and implementation from 30 Nov.
The story so far: MSCI bitcoin treasury index exclusion proposal
MSCI is weighing a screening rule that could remove Strategy, Metaplanet and Yellow Cake from major indexes, with JPMorgan estimating about $2.8bn in forced selling of Strategy stock. Analyst Murphy said MSCI approved the rule on 15 October, with Strategy on a proposed removal list; the result is due 11 November…
MSCI proposal could remove Strategy from indexes, Bitcoin Policy Institute paper says
The Bitcoin Policy Institute said MSCI's proposed operating-asset screening could remove Strategy, Metaplanet and Yellow Cake from major indexes. JPMorgan estimated an MSCI exclusion of Strategy could trigger about $2.8bn in selling, or $8.8bn if other providers…
Bitcoin Policy Institute questions MSCI index rules that could exclude Bitcoin treasury firms
The Bitcoin Policy Institute published a report titled "Wall Street's Invisible Committee" questioning MSCI's proposed index inclusion changes that could exclude some Bitcoin treasury companies. It said MSCI-managed indices cover about $21tn in benchmark assets, so rule…
MSCI weighs index rule change that could push Strategy out, JPMorgan sees $2.8bn in forced selling
MSCI is considering screening criteria that could remove Strategy, Metaplanet and Yellow Cake from its main indexes, according to Bitcoin News. JPMorgan estimates MSCI-linked funds may be forced to sell about $2.8bn of Strategy stock; MSCI is expected to decide by October…
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OdailyAIBearishJPMorgan says MSCI index exit could push $8.8bn out of Strategy
MSCI is advancing a proposed method to class Strategy, Metaplanet and other digital-asset treasury firms as non-operating, Bitcoin News said on X. JPMorgan estimates passive funds may sell $2.8bn of MSTR; wider outflows could reach $8.8bn, with a decision expected around 16 Oct and implementation from 30 Nov.
Strategy shares fall 6.4% as MSCI review threatens index removal
Strategy (MSTR) fell 6.46% to $141.5, per MSX.COM data, as MSCI screens firms whose asset structure resembles investment funds; Strategy, a large Bitcoin holder, is under review, with the final list due 11 November.
Strategy shares fall 9.70% to $136.55 on MSCI index review concerns
Strategy (MSTR) shares fell 9.70% to $136.55, according to MSX.COM data. MSCI is reviewing index inclusion criteria and Strategy, a large Bitcoin holder, is a potential removal candidate, with the final list due on 11 November; passive funds tracking the index could be forced to sell the stock.
Strategy stock falls 10.05% intraday to $135.93
Strategy (MSTR) shares fell 10.05% during intraday trading and were at $135.93, according to Binance market data cited on 17 October.
MSCI tightens rules on Bitcoin treasury firms but keeps Strategy in its indices
MSCI revised its global investable market index eligibility rules on 15 October, tightening the definition of non-operating companies and putting Bitcoin treasury firms under closer scrutiny. Michael Saylor's Strategy remains in the indices, with consequences to become clearer at the November review.
Michael Saylor says MSCI removing MSTR would not matter much to Strategy
Michael Saylor said MSCI's possible removal of MSTR under new index rules would not matter much to Strategy because the funds involved are small, though he is disappointed and hopes MSCI reconsiders. He said excluding Bitcoin while counting oil, land and machines as capital is a bias against digital assets.
Michael Saylor says MSCI's proposed MSTR exclusion sets a bad precedent
Michael Saylor told Bloomberg that MSCI's proposed index rule change, which could remove MSTR, matters little to Strategy given its small asset base but sets a bad precedent for digital assets. He said Strategy is an operating business backed by Bitcoin and urged MSCI to reconsider.
Strategy falls 9.6% as MSCI weighs index exclusion
Strategy dropped 9.6% on its first full trading day after MSCI proposed barring index membership for companies whose main asset is holdings rather than operations. Its 848,250 Bitcoin, bought at an average of $75,444, remain about $5bn above cost; JPMorgan estimates exclusion could trigger roughly $2.8bn in passive outflows.
Murphy says Strategy faces possible MSCI index removal on 11 November
Analyst Murphy said on X that MSCI approved a rule on 15 October excluding non-operating companies from its global investable market indexes, with Strategy on a proposed removal list; the result is due 11 November and takes effect 30 November. Index funds hold about 13m MSTR shares worth nearly $1.8bn, he said.
Glassnode flags $85,000-$87,500 Bitcoin resistance as Fed and MSCI loom
Glassnode says Bitcoin recovered buying support near $80,000 after falling to about that level on 15 Oct, with sell orders and liquidations concentrated at $85,000-$87,500. It cites the Fed's 28 Oct rate decision and MSCI's 11 Nov index announcement, which could exclude Strategy, as key variables.
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