Bitcoin Community Launches JP Morgan Boycott Over MSCI Index Exclusion Plan
Bitcoin advocates are calling for a boycott of JP Morgan after MSCI proposed excluding companies holding over 50% crypto from major indexes starting January 2026. MicroStrategy, with Bitcoin comprising over 90% of its balance sheet, faces potential forced selloffs totaling $2.8 billion, according to JP Morgan research. The move has reignited tensions between traditional finance and cryptocurrency proponents.