MSCI to Rule Wednesday on Strategy Index Removal With 850,364 Bitcoin at Stake
MSCI will announce Wednesday evening whether Strategy stays in its global stock indexes. A preliminary list marks the bitcoin treasury company as deleted effective at the November 30 close. Strategy held 850,364 bitcoin as of November 8. JPMorgan estimated exclusion could drive about $2.8 billion in outflows. Strategy said removal would have no meaningful business impact.