Strategy Faces $8 Billion Index Fund Pressure as MSCI Reviews MSTR Listing Status

Strategy (MSTR) could face approximately $8 billion in selling pressure if MSCI proceeds with index removal, according to TD Cowen analysis. The investment firm estimates $2.5 billion stems from direct MSCI holdings, with another $5.5 billion potentially at risk from other indexes. MSCI's review questions whether Bitcoin treasury companies qualify as operating entities for index inclusion.