Global index provider MSCI announced plans to remove Strategy (MSTR) from its global benchmarks. JPMorgan estimated that exclusion could trigger $2.8 billion in forced selling by funds tracking MSCI indexes and could hinder the company’s ability to raise capital for future Bitcoin acquisitions. US spot Bitcoin ETFs saw nearly $300 million in withdrawals on Wednesday, extending a five-day losing streak. Bitcoin fell more than 5% this week and traded below $73,500 amid concerns about selling pressure related to the index decision.
MSCI excluded the company and others from its global indexes, with November review changes set to take effect at the close on November 30, 2026, as the stock fell in extended trading.
Read the full storyThe changes take effect at the close on November 30, while outflows from Strategy shares could reach $8.8 billion if other providers follow MSCI’s decision.