Strategy, formerly MicroStrategy, faces removal from major MSCI indexes under a new consultation on rules identifying « non-operating companies » through financial statement analysis. JPMorgan previously estimated such an exclusion could trigger approximately $2.8 billion in passive selling of MSTR shares. MSCI’s final decision is expected by October 16, with feedback closing September 30, and any approved changes slated for implementation during the November 2026 Index Review. Meanwhile, Strategy has sold over 6,000 BTC in recent weeks, bringing its holdings to roughly 840,447 BTC while its cash reserve climbed to approximately $4.7 billion. Prediction market contracts on Polymarket currently price the probability of removal by year-end at approximately 73%.
Source: Read the original article
