Strategy Inc. Faces Index Removal as Passive Outflows Could Reach $2.8 Billion
Strategy Inc. is under review for potential exclusion from major equity benchmarks including MSCI USA and Nasdaq 100, with JPMorgan estimating the move could trigger approximately $2.8 billion in passive fund outflows. The company's valuation has declined over 60% from its November peak. Its premium over Bitcoin holdings has nearly disappeared, leaving the firm trading only slightly above its cryptocurrency inventory value.